Advanced Drainage Systems (ADS) will raise its quarterly dividend to $0.07 per share.
The quarterly cash dividend of $0.07 per share will be paid on June 15, 2017 to shareholders of record at the close of business on June 5, 2017.
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.