Advanced Drainage Systems Inc Dividends
The next dividend date for Advanced Drainage Systems Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Advanced Drainage Systems Inc (WMS)
More About Advanced Drainage Systems Inc
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. It operates through Pipe, Infiltrator, International, and Allied Products & Other segments. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater for residential and commercial systems; septic tanks and accessories; combined treatment and dispersal systems, including AeroFin, advanced enviro-septic, enviro-septic, and advanced treatment leachfield; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. In addition, the company provides PVC hubs, rubber sleeves, and stainless-steel bands. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of distribution centers. Advanced Drainage Systems, Inc. incorporated in 1966 and is headquartered in Hilliard, Ohio.
Owning Advanced Drainage Systems Inc Stock on the Dividend Date
If you own Advanced Drainage Systems Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Advanced Drainage Systems Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Advanced Drainage Systems Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Advanced Drainage Systems Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Advanced Drainage Systems Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Advanced Drainage Systems Inc Dividends
You can contact us any time if you would like to ask questions about Advanced Drainage Systems Inc dividends or anything else related to the stock market.