Mueller Water Products Announces Quarterly Dividend
Mueller Water Products (NYSE: MWA) announced an increase in its quarterly dividend from 5.25 cents to 5.50 cents per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Mueller Water Products (NYSE: MWA) announced an increase in its quarterly dividend from 5.25 cents to 5.50 cents per share. The dividend is payable on or about November 20, 2020, to stockholders of record as of the close of business on November 10, 2020. This increase reflects the company's commitment to returning value to shareholders while maintaining a strong financial position. Mueller Water Products provides a wide range of products and services for water transmission and distribution in North America, ensuring efficient operations for municipalities.
Positive
- Quarterly dividend increased from 5.25 cents to 5.50 cents per share.
- Dividend payable on November 20, 2020, demonstrating a commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – MWA
The recorded move for MWA in the trading session of this news was -0.63%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared an increase to the Company’s quarterly dividend to 5.50 cents (
About Mueller Water Products, Inc.
Mueller Water Products, Inc. (NYSE: MWA) 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., a Delaware corporation (“MWP”), 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. MWP 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 muellerwp.com/brands and krauszusa.com to learn more.
Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com
Media Contact: Yolanda Kokayi
770-206-4131
ykokayi@muellerwp.com
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