Advanced Drainage Systems has declared an initial cash dividend of $0.04 per share, payable on December 10, 2014 to stockholders of record at the close of business on December 1, 2014.
The indicated dividend yield for Advanced Drainage Systems is 0,7% at the current stock price of 23.22.
Advanced Drainage Systems is a manufacturer of thermoplastic corrugated pipe, providing water management products and drainage solutions for use in the construction and infrastructure marketplace. Its products are used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications.