ADVANCED DRAINAGE SYSTEMS, INC.
WMSAdvanced Drainage Systems, Inc. (WMS) is a manufacturer of water management products and drainage solutions. The company specializes in high-density polyethylene piping systems used for stormwater management, agricultural drainage, and other infrastructure applications. Founded in 1989, it has grown to become one of the leading providers of piping systems in North America, focusing on innovative, sustainable solutions for water infrastructure challenges.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 15, 2026 | $0.20 | 2026-06-01 | 2026-06-01 |
| March 16, 2026 | $0.18 | 2026-03-02 | 2026-03-02 |
| December 15, 2025 | $0.18 | 2025-12-01 | 2025-12-01 |
| September 15, 2025 | $0.18 | 2025-08-29 | 2025-08-29 |
| June 16, 2025 | $0.18 | 2025-05-30 | 2025-05-30 |
Dividends Summary
- Consistent Payer: ADVANCED DRAINAGE SYSTEMS, INC. has rewarded shareholders with 48 dividend payments over the past 12 years.
- Total Returned Value: Investors who held WMS shares during this period received a total of $5.88 per share in dividend income.
- Latest Payout: The most recent dividend of $0.20/share was paid 33 days ago, on June 15, 2026.
- Yield & Schedule: WMS currently pays dividends quarterly with an annual yield of 0.50%.
- Dividend Growth: Since 2014, the dividend payout has grown by 400.0%, from $0.04 to $0.20.
- Dividend Reliability: WMS has maintained or increased its dividend for 28 consecutive payments.
Company News
ACK Asset Management fully exited its $29.11 million stake in Centuri Holdings (1,375,000 shares) in Q4 2025, despite the company posting record quarterly revenue of $850 million (up 18.1% YoY) and achieving a record $5.9 billion backlog. The exit raises questions about valuation concerns despite strong operational metrics and 45.9% share price a...
ACK Asset Management LLC acquired 436,707 shares of Rogers Corporation for approximately $40 million in February 2026, making it a 5% position in the fund. Rogers, a supplier of engineered materials for EVs and wireless infrastructure, has gained 25% over the past year. The investment reflects confidence in the company's margin durability and exp...
ACK Asset Management acquired 375,000 shares of Novanta worth $44.62 million in February 2026, making it a 5.6% position in the fund. Despite the stock being flat over the past year and underperforming the S&P 500, the investment suggests confidence in potential recovery as medical and advanced industrial demand rebounds. Novanta generated nearly...
The U.S. Stormwater Management Market is projected to grow from $8.25 billion in 2025 to $15.05 billion by 2033, driven by environmental regulations, infrastructure upgrades, urbanization, and increasing adoption of green stormwater solutions.
The global stormwater detention system market is projected to grow from $592.92 million in 2025 to $876.02 million by 2033, driven by urbanization, flood prevention needs, and sustainable drainage solutions.
