Mueller Inds Stock Price, News & Analysis

Mueller Industries, Inc. (NYSE: MLI) declared a quarterly cash dividend of 25 cents per share, payable on September 16, 2022, to shareholders of record on September 2, 2022. The company operates across vital markets including air, water, oil, and gas distribution, and has a global presence in North America, Europe, Asia, and the Middle East.

Mueller Industries, Inc. (NYSE: MLI) reported a strong second quarter in 2022, achieving net sales of $1.15 billion, up 13.6% from the previous year. Operating income rose to $268.9 million, while net income reached $206.6 million, indicating significant growth. EPS improved to $3.65 compared to $1.92 a year ago. Despite a 4% decline in industrial metals volume and a 17% drop in international tube sales, the company’s value-added businesses surged 33%. Strong cash generation of $142 million and zero net debt position Mueller for future growth.

Mueller Industries, Inc. (NYSE: MLI) declared a quarterly cash dividend of 25 cents per share, scheduled for payment on June 17, 2022, to shareholders of record as of June 3, 2022. The company operates across multiple sectors, including air, water, oil and gas distribution, and medical services, with a presence in North America, Europe, Asia, and the Middle East. The release includes forward-looking statements regarding potential risks such as economic conditions, market demand, and resource availability.

Mueller Industries, Inc. (NYSE: MLI) reports strong first-quarter 2022 results, with net sales reaching $1.01 billion, up from $818.1 million year-over-year. Net income surged to $158.3 million from $63.1 million, resulting in an EPS of $2.78, compared to $1.11 in the previous year. The increase is attributed to higher commodity prices and volume growth from new acquisitions. Additionally, the company raised its quarterly dividend from $0.13 to $0.25 per share. CEO Greg Christopher indicated continued demand driven by residential construction and infrastructure development.

Mueller Industries, Inc. (NYSE: MLI) has announced a quarterly cash dividend increase to $.25 per share. This marks a significant 92% increase from the 2021 dividend, with payment scheduled for April 1, 2022. Shareholders of record by March 18, 2022 will receive this payout. The company’s diversified operations encompass critical sectors including energy, medical, and automotive, and is geared towards delivering essential products across North America, Europe, Asia, and the Middle East.

Mueller Industries, Inc. (NYSE: MLI) reported strong Q4 and full-year 2021 results. Q4 highlights include:

• Operating income soared to $172.1 million, up 165%.
• Net sales reached $956.4 million, a 42% increase.
• Net income jumped to $125.6 million from $36.4 million.
• Diluted EPS rose to $2.21 from $0.64.

Full-year results showed:

• Operating income of $655.8 million, up 167%.
• Net sales climbed to $3.8 billion, a 57% increase.
• Net income was $468.5 million versus $139.5 million.
• Diluted EPS reached $8.25 versus $2.47.

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.

Mueller Industries, Inc. (NYSE: MLI) reported strong Q3 2021 results with $982.2 million in net sales, a 58.5% increase from last year. Operating income surged to $233.4 million, up from $69.2 million, while net income reached $171.0 million compared to $42.7 million. The EPS rose to $3.01 from $0.76. Key drivers included higher copper prices and unit sales growth across all segments, along with a $50.1 million gain from business divestitures. The company reduced debt by $230 million, maintaining a strong balance sheet with a current ratio of 2.7:1.

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.