WMS Stock — Advanced Drainage Systems, Inc.

Advanced Drainage Systems, Inc. (WMS)

Updated October 16, 2026.

WMS is a Stock. its distribution rate is 0.62%, its trailing-12-month yield is 0.59%. Dividend Vision Distribution Safety Score™ is 88/100 (Safe). Total return is 796.8% over the past 12.2 years, 423.5 points ahead of SPY at 373.3%.

Advanced Drainage Systems manufactures and distributes thermoplastic corrugated pipes, water management products, septic systems, and related drainage solutions for residential, non-residential, agricultural, and infrastructure applications across North America and internationally. The company offers a modest distribution rate paid quarterly. This business appeals primarily to income investors seeking exposure to water infrastructure and drainage markets, though it is not primarily structured as a high-yield investment.

WMS performance versus SPY

Price and return data through 2026-10-16.

Total return is 796.8% over the past 12.2 years, 423.5 points ahead of SPY at 373.3%. Over the past year its total return — price change plus distributions reinvested — is -8.3%. Its deepest 1-year drawdown was 28.3%.

WMS key facts

Distribution Safety Score™

88 · Safe

Safety-Adjusted Yield

0.55%

Asset type

Stock

Asset class

Equity

Inception date

07/25/2014

Distribution rate

0.62%

Distribution frequency

Quarterly

Trailing yield

0.59%

5-year average yield

0.44

Last close

$128.20 (as of 2026-10-16)

Market cap

$9,666,964,844

Average volume

1269532.0

Dividend

$0.20

Ex-dividend date

09/01/2026

Payment date

09/15/2026

Beta

1.291

Payout ratio

11.2%

P/E ratio

21.84

Forward P/E

20.79

EPS

$5.87

How Dividend Vision calculates yield and returns

Distribution rate (0.62%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.59%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WMS risks and drawbacks

WMS's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 28.3%.

Who may consider WMS — and who may not

WMS may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (WMS pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on WMS

• All tickers starting with W

Tagged: Industrials, Dividend.

Frequently asked questions