Mueller Water Products Increases Quarterly Dividend

Rhea-AI Summary

Mueller Water Products (NYSE: MWA) announced a 5.5% increase in its quarterly dividend, raising it to 5.80 cents per share from 5.50 cents.

This dividend will be payable on November 22, 2021, to stockholders of record by the close of business on November 10, 2021. The company is known for its products and services related to water transmission and distribution in North America.

Positive

• Dividend increased by 5.5% to 5.80 cents per share, signaling financial strength.
• Dividend payment scheduled for November 22, 2021, reflecting confidence in future earnings.

Negative

• None.

ATLANTA, Oct. 22, 2021 (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 5.5% to 5.80 cents ($0.058) per share from 5.50 cents per share, payable on or about November 22, 2021, to stockholders of record as of the close of business on November 10, 2021.

About Mueller Water Products, Inc.
Mueller Water Products, Inc. (“Mueller”) 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 and pressure management products. 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^®, 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: Yolanda Kokayi
770-206-4131
ykokayi@muellerwp.com

FAQ

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

The new dividend amount for Mueller Water Products is 5.80 cents per share.

When will the dividend for MWA be paid?

The dividend will be paid on November 22, 2021.

When is the record date for the MWA dividend?

The record date for the MWA dividend is November 10, 2021.

How much was the previous dividend for Mueller Water Products (MWA)?

The previous dividend for Mueller Water Products was 5.50 cents per share.