Advanced Drainage Systems Announces Quarterly Cash Dividend
Advanced Drainage Systems (NYSE: WMS) has announced a quarterly cash dividend of $0.16 per share, representing a 14% increase over the prior year's amount. The dividend will be paid on March 14, 2025, to shareholders of record as of February 28, 2025.
CEO Scott Barbour emphasized that this dividend increase reflects the company's strong balance sheet, robust cash generation, and commitment to shareholder returns. The decision demonstrates ADS's confidence in maintaining both shareholder distributions and strategic business investments.
ADS, founded in 1966, is a leading manufacturer of stormwater and onsite septic wastewater solutions, operating approximately 70 manufacturing plants and 40 distribution centers. The company is also one of North America's largest plastic recycling companies, preventing over half a billion pounds of plastic from entering landfills annually.
Advanced Drainage Systems (NYSE: WMS) ha annunciato un dividendo in contante trimestrale di $0,16 per azione, che rappresenta un aumento del 14% rispetto all'importo dell'anno precedente. Il dividendo sarà pagato il 14 marzo 2025, agli azionisti registrati al 28 febbraio 2025.
Il CEO Scott Barbour ha sottolineato che questo aumento del dividendo riflette la solida situazione patrimoniale dell'azienda, la robusta generazione di cassa e l'impegno nei confronti dei ritorni per gli azionisti. La decisione dimostra la fiducia di ADS nel mantenere sia le distribuzioni agli azionisti sia gli investimenti strategici nel business.
Fondata nel 1966, ADS è un produttore leader di soluzioni per acque piovane e sistemi di trattamento dei liquami onsite, con circa 70 impianti di produzione e 40 centri di distribuzione. L'azienda è anche una delle più grandi società di riciclaggio di plastica del Nord America, impedendo l'entrata di oltre mezzo miliardo di libbre di plastica nelle discariche ogni anno.
Advanced Drainage Systems (NYSE: WMS) ha anunciado un dividendo trimestral en efectivo de $0.16 por acción, lo que representa un aumento del 14% en comparación con el monto del año anterior. El dividendo se pagará el 14 de marzo de 2025, a los accionistas registrados al 28 de febrero de 2025.
El CEO Scott Barbour enfatizó que este aumento del dividendo refleja el sólido balance de la empresa, la robusta generación de efectivo y el compromiso con los rendimientos para los accionistas. La decisión demuestra la confianza de ADS en mantener tanto las distribuciones a los accionistas como las inversiones estratégicas en el negocio.
Fundada en 1966, ADS es un fabricante líder de soluciones para aguas pluviales y sistemas de tratamiento de aguas residuales en el sitio, operando aproximadamente 70 plantas de fabricación y 40 centros de distribución. La empresa también es una de las mayores empresas de reciclaje de plástico de América del Norte, evitando que más de medio mil millones de libras de plástico ingresen a los vertederos anualmente.
Advanced Drainage Systems (NYSE: WMS)는 주당 $0.16의 분기 현금 배당금을 발표했으며, 이는 지난해 금액보다 14% 증가한 수치입니다. 배당금은 2025년 3월 14일에 2025년 2월 28일 기준 주주에게 지급됩니다.
CEO 스콧 바버는 이 배당금 증가가 회사의 견고한 재무 상태, 강력한 현금 생성 및 주주 수익에 대한 약속을 반영한다고 강조했습니다. 이번 결정은 ADS가 주주 배당금과 전략적인 사업 투자 모두를 유지할 수 있다는 자신감을 보여줍니다.
1966년에 설립된 ADS는 폭우 물과 현장 하수 처리 솔루션의 선두 제조업체로, 약 70개의 제조 공장과 40개의 유통 센터를 운영하고 있습니다. 또한 이 회사는 북미에서 가장 큰 플라스틱 재활용 회사 중 하나로, 매년 5억 파운드 이상의 플라스틱이 매립지에 들어가는 것을 방지하고 있습니다.
Advanced Drainage Systems (NYSE: WMS) a annoncé un dividende en espèces trimestriel de 0,16 $ par action, représentant une augmentation de 14% par rapport au montant de l'année précédente. Le dividende sera payé le 14 mars 2025 aux actionnaires inscrits au 28 février 2025.
Le PDG Scott Barbour a souligné que cette augmentation du dividende reflète la solide situation financière de l'entreprise, sa robuste génération de liquidités et son engagement envers les rendements des actionnaires. Cette décision démontre la confiance d'ADS dans sa capacité à maintenir à la fois les distributions aux actionnaires et les investissements stratégiques dans l'entreprise.
Fondée en 1966, ADS est un fabricant leader de solutions pour les eaux pluviales et les eaux usées sur site, avec environ 70 usines de fabrication et 40 centres de distribution. L'entreprise est également l'une des plus importantes sociétés de recyclage de plastique en Amérique du Nord, empêchant chaque année plus de 500 millions de livres de plastique d'atteindre les décharges.
Advanced Drainage Systems (NYSE: WMS) hat eine vierteljährliche Bar-Dividende von 0,16 $ pro Aktie angekündigt, was einer 14%igen Erhöhung im Vergleich zum Vorjahresbetrag entspricht. Die Dividende wird am 14. März 2025 an die Aktionäre ausgezahlt, die am 28. Februar 2025 im Register stehen.
CEO Scott Barbour betonte, dass diese Dividendenerhöhung die starke Bilanz des Unternehmens, die robuste Cash-Generierung und das Engagement für die Renditen der Aktionäre widerspiegelt. Die Entscheidung zeigt das Vertrauen von ADS in die Aufrechterhaltung sowohl der Ausschüttungen an die Aktionäre als auch der strategischen Geschäftsinvestitionen.
ADS, 1966 gegründet, ist ein führender Hersteller von Regenwasser- und Onsite-Abwasserlösungen und betreibt etwa 70 Produktionsstandorte sowie 40 Vertriebszentren. Das Unternehmen ist auch eines der größten Kunststoffrecyclingunternehmen in Nordamerika und verhindert jährlich, dass über eine halbe Milliarde Pfund Kunststoff auf Deponien gelangt.
- 14% increase in quarterly dividend to $0.16 per share
- Strong balance sheet and robust cash generation
- Maintains financial flexibility for both shareholder returns and business investments
- Extensive manufacturing network with 70 plants and 40 distribution centers
- None.
Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, “Today’s dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously continuing to strategically invest in our business.”
The quarterly cash dividend of
About the Company
Advanced Drainage Systems is a leading manufacturer of innovative stormwater and onsite septic wastewater solutions that manages the world’s most precious resource: water. ADS and its subsidiary, Infiltrator Water Technologies, provide superior stormwater drainage and onsite septic wastewater products used in a wide variety of markets and applications including commercial, residential, infrastructure and agriculture, while delivering unparalleled customer service. ADS manages the industry’s largest company-owned fleet, an expansive sales team, and a vast manufacturing network of approximately 70 manufacturing plants and 40 distribution centers. The company is one of the largest plastic recycling companies in
Forward Looking Statements
Certain statements in this press release may be deemed to be forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “confident” and similar expressions are used to identify these forward-looking statements. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: fluctuations in the price and availability of resins and other raw materials and our ability to pass any increased costs of raw materials on to our customers in a timely manner; disruption or volatility in general business and economic conditions in the markets in which we operate; cyclicality and seasonality of the non-residential and residential construction markets and infrastructure spending; the risks of increasing competition in our existing and future markets; uncertainties surrounding the integration and realization of anticipated benefits of acquisitions; the effect of weather or seasonality; the loss of any of our significant customers; the risks of doing business internationally; the risks of conducting a portion of our operations through joint ventures; our ability to expand into new geographic or product markets; the risk associated with manufacturing processes; the effect of global climate change; our ability to protect against cybersecurity incidents and disruptions or failures of our IT systems; our ability to assess and monitor the effects of artificial intelligence, machine learning, and robotics on our business and operations; our ability to manage our supply purchasing and customer credit policies; our ability to control labor costs and to attract, train and retain highly qualified employees and key personnel; our ability to protect our intellectual property rights; changes in laws and regulations, including environmental laws and regulations; our ability to appropriately address any environmental, social or governance concerns that may arise from our activities; the risks associated with our current levels of indebtedness, including borrowings under our existing credit agreement and outstanding indebtedness under our existing senior notes; and other risks and uncertainties described in the Company’s filings with the SEC. New risks and uncertainties emerge from time to time and it is not possible for the Company to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the Company’s expectations, objectives or plans will be achieved in the timeframe anticipated or at all. Investors are cautioned not to place undue reliance on the Company’s forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250206302978/en/
For more information, please contact:
Michael Higgins
VP, Corporate Strategy & Investor Relations
(614) 658-0050
Michael.Higgins@adspipe.com
Source: Advanced Drainage Systems, Inc.
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