Mueller Water Products Announces Quarterly Dividend
Rhea-AI Summary
Mueller Water Products (NYSE: MWA) has announced a quarterly dividend of 6.40 cents ($0.064) per share. The dividend will be payable on or about August 20, 2024, to stockholders of record as of the close of business on August 9, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite potential economic uncertainties.
Positive
- Consistent dividend payment indicates financial stability
- Dividend provides regular income for shareholders
Negative
- None.
News Market Reaction – MWA
In the trading session that priced this news, MWA gained 2.00%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, July 24, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 6.40 cents (
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.
Investor Relations Contact:
Whit Kincaid
770-206-4116
wkincaid@muellerwp.com
Media Contact:
Jenny Barabas
470-806-5771
jbarabas@muellerwp.com
