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Mueller Water Products Increases Quarterly Dividend

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Mueller Water Products (NYSE: MWA) has announced a quarterly dividend increase of approximately 5.2%, raising it from 5.80 cents to 6.10 cents per share. This dividend will be payable on or about November 21, 2022, to stockholders of record as of November 10, 2022. This move reflects the company’s commitment to delivering shareholder value while continuing to support its operations in water transmission and distribution.

Positive
  • Dividend increased by 5.2% to 6.10 cents per share.
  • Demonstrates company commitment to shareholder value.
Negative
  • None.

ATLANTA, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company’s quarterly dividend by approximately 5.2% to 6.10 cents ($0.061) per share from 5.80 cents ($0.058) per share, payable on or about November 21, 2022, to stockholders of record as of the close of business on November 10, 2022.

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, pipe condition assessment, pressure management products, and software technology that provides critical water system data.  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®, i2O®, Jones®, Krausz®, Mi.Net®, Milliken®, Pratt®, Pratt Industrial®, Sentryx™, Singer®, and U.S. Pipe Valve & Hydrant.  Please see muellerwp.com/brands to learn more.

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

Media Contact: Robin Keegan
770-206-4152
rkeegan@muellerwp.com


FAQ

What is the new dividend amount for Mueller Water Products (MWA)?

The new dividend amount for Mueller Water Products is 6.10 cents per share.

When will the dividend for MWA be paid?

The dividend will be paid on or about November 21, 2022.

What was the previous dividend amount for MWA?

The previous dividend amount was 5.80 cents per share.

Who qualifies for the dividend payment from MWA?

Stockholders of record as of the close of business on November 10, 2022, will qualify for the dividend.

Mueller Water Products, Inc.

NYSE:MWA

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