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Mueller Industries, Inc. Declares Cash Dividend for Third Quarter

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Mueller Industries (NYSE: MLI) has declared a quarterly cash dividend of 13 cents per share. This dividend will be payable on September 17, 2021, to shareholders of record as of September 3, 2021. The company operates across multiple sectors, producing essential goods for air, water, oil, gas distribution, and more, with a broad presence in North America, Europe, Asia, and the Middle East.

Positive
  • Declared a quarterly cash dividend of 13 cents per share, reflecting confidence in company performance.
Negative
  • Potential risks from economic conditions, raw material availability, and market demand could impact future performance.

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 September 17, 2021 to shareholders of record on September 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.

FAQ

What is the dividend amount declared by Mueller Industries (MLI)?

Mueller Industries declared a quarterly cash dividend of 13 cents per share.

When will the dividend for MLI be paid?

The dividend will be payable on September 17, 2021.

Who will receive the dividend from MLI?

Shareholders of record as of September 3, 2021, will receive the dividend.

What are the risks mentioned in the Mueller Industries press release?

The press release mentions risks related to economic conditions, raw materials, market demand, pricing, and competition.

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
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