NYSE:WMSBuilding
Is Advanced Drainage Systems' (WMS) Dividend Hike a Sign of Enduring Earnings Strength?
Advanced Drainage Systems recently reported its first quarter 2025 results, with sales rising to US$829.88 million and net income at US$143.92 million, approved a 13% higher quarterly dividend of US$0.18 per share payable September 15, 2025, confirmed its fiscal 2026 guidance, and announced no share repurchases during the latest quarter.
The combination of increased dividend, steady revenue growth, and guidance confirmation signals management’s confidence in the business despite recent...