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Mueller Industries, Inc. Declares Cash Dividend for Second Quarter

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Mueller Industries (NYSE: MLI) has declared a quarterly cash dividend of 13 cents per share. This dividend will be paid on June 18, 2021, to shareholders of record as of June 4, 2021. Mueller Industries is an industrial corporation involved in manufacturing goods for markets such as air, water, oil, and gas distribution, among others. Additionally, the company warns that its forward-looking statements may involve risks related to economic conditions, material availability, and market demand, urging caution to investors.

Positive
  • Quarterly cash dividend of 13 cents per share enhances shareholder income.
Negative
  • Forward-looking statements highlight risks related to economic conditions and market demand.

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 June 18, 2021 to shareholders of record on June 4, 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.

FAQ

What is the dividend amount declared by Mueller Industries for June 2021?

Mueller Industries declared a dividend of 13 cents per share.

When will the dividend be paid to shareholders?

The dividend will be payable on June 18, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is June 4, 2021.

What risks are associated with Mueller Industries' forward-looking statements?

Risks include economic conditions, availability of raw materials, and market demand.

Mueller Industries, Inc.

NYSE:MLI

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Metal Fabrication
Rolling Drawing & Extruding of Nonferrous Metals
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United States of America
COLLIERVILLE