Mueller Water Products Announces Quarterly Dividend

Rhea-AI Summary

Mueller Water Products has declared a quarterly dividend of 5.50 cents ($0.055) per share, scheduled for payment on approximately August 20, 2021. Stockholders on record by the close of business on August 10, 2021 will receive the dividend. As a leading manufacturer in the water transmission and distribution sector, Mueller aims to enhance operational efficiency for municipalities throughout North America. This dividend announcement underscores the company's commitment to returning value to its shareholders.

Positive

• Quarterly dividend declared at $0.055 per share, enhancing shareholder returns.
• Demonstrates financial stability and confidence in future performance.

Negative

• None.

ATLANTA, July 29, 2021 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 5.50 cents ($0.055) per share, payable on or about August 20, 2021, to stockholders of record as of the close of business on August 10, 2021.

About Mueller Water Products, Inc.
Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at www.muellerwaterproducts.com.

Mueller refers to one or more of Mueller Water Products, Inc. (“MWP”), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other. Mueller brands include Mueller^®, Echologics^®, Hydro Gate^®, Hydro-Guard^®, HYMAX^®, Jones^®, Krausz^®, Mi.Net^®, Milliken^®, Pratt^®, Pratt Industrial^®, Singer^®, and U.S. Pipe Valve & Hydrant. Please see www.muellerwp.com/brands to learn more.

Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com

Media Contact: Yolanda Kokayi
770-206-4131
ykokayi@muellerwp.com

FAQ

What is the latest dividend announced by Mueller Water Products (MWA)?

Mueller Water Products announced a quarterly dividend of $0.055 per share.

When will the dividend for MWA be paid?

The dividend will be paid on or about August 20, 2021.

When is the record date for the MWA dividend?

The record date for the dividend is August 10, 2021.

How often does MWA pay dividends?

Mueller Water Products typically pays dividends quarterly.

Is the dividend from MWA sustainable?

The sustainability of the dividend typically depends on the company's financial performance and cash flow.