Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter

Rhea-AI Summary

Mueller Industries, Inc. (NYSE: MLI) has declared a quarterly cash dividend of 13 cents per share, payable on December 17, 2021. Shareholders of record by December 3, 2021 will receive this dividend. The company operates across key sectors including air, water, and gas distribution, among others. The press release contains forward-looking statements with potential risks such as economic conditions and market demand, which could affect future performance.

Positive

• Quarterly cash dividend of 13 cents per share announced.
• Dividend payment reflects confidence in financial stability.

Negative

• Economic and currency conditions may pose risks to future performance.
• Market demand fluctuations could impact revenue stability.

COLLIERVILLE, Tenn.--(BUSINESS WIRE)-- Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable December 17, 2021 to shareholders of record on December 3, 2021.

Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East.

Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company's SEC filings. The words "outlook," "estimate," "project," "intend," "expect," "believe," "target," "encourage," "anticipate," "appear," and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110006076/en/

Jeffrey A. Martin

(901) 753-3226

Source: Mueller Industries, Inc.

FAQ

What is the dividend amount for Mueller Industries (MLI)?

The dividend amount is 13 cents per share.

When will the dividend for MLI be paid?

The dividend will be paid on December 17, 2021.

Who is eligible to receive the dividend from MLI?

Shareholders of record as of December 3, 2021, are eligible.

What are the potential risks affecting MLI's future performance?

Risks include economic conditions, market demand, and pricing fluctuations.