Paul Mueller Company Declares Quarterly Cash Dividend

(Neutral)

Rhea-AI Summary

Paul Mueller Company (OTC: MUEL) has declared a cash dividend of $0.15 per share on its common stock. This decision was made on November 4, 2021, during a special board meeting. The dividend is set to be paid on December 22, 2021, to shareholders on record as of November 19, 2021.

Positive

Declaration of a cash dividend of $0.15 per share, indicating company confidence.
Dividend payment date scheduled, providing income for shareholders.

Negative

None.

News Market Reaction – MUEL

+6.98%

+6.98% Session move

In the trading session that priced this news, MUEL gained 6.98%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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11/04/2021 - 05:38 PM

SPRINGFIELD, Mo., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced that its Board of Directors has declared a cash dividend of 15 cents ($0.15) per share on its outstanding common stock.

The action was taken November 4, 2021 at a special meeting of the Board of Directors. The dividend of 15 cents ($0.15) per share is payable on December 22, 2021 to shareholders of record on November 19, 2021.

Press Contact: Ken Jeffries | Paul Mueller Company | Springfield, MO 65802 | (417) 575-9346

kjeffries@paulmueller.com | https://paulmueller.com

FAQ

What is the dividend amount for MUEL?

The dividend amount is $0.15 per share.

When will the MUEL dividend be paid?

The dividend will be paid on December 22, 2021.

What is the record date for the MUEL dividend?

The record date for the dividend is November 19, 2021.

How often does MUEL pay dividends?

The frequency of MUEL's dividend payments may vary; check their announcements for updates.

Is the dividend from MUEL sustainable?

Sustainability of the dividend should be assessed based on the company's financial performance.