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Mueller Water Products Announces Quarterly Dividend

Mueller Water Products (NYSE: MWA) announced a quarterly dividend of $0.058 per share, payable on or about May 20, 2022, to shareholders on record by May 10, 2022.

(Neutral)

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Rhea-AI Summary

Mueller Water Products (NYSE: MWA) announced a quarterly dividend of $0.058 per share, payable on or about May 20, 2022, to shareholders on record by May 10, 2022. The company, a leader in water transmission and distribution products in North America, continues to focus on enhancing municipal operational efficiencies and improving customer service. Mueller's product portfolio includes engineered valves, fire hydrants, and software technology aimed at optimizing water system management.

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Positive

  • Declaration of a quarterly dividend of $0.058 per share.
  • Demonstrates confidence in financial stability and shareholder returns.

Negative

  • None.
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-0.32% session move Open Argus
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News Market Reaction – MWA

The recorded move for MWA in the trading session of this news was -0.32%.

Data tracked by StockTitan Argus. Session date unavailable.

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ATLANTA, April 22, 2022 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 5.80 cents ($0.058) per share, payable on or about May 20, 2022, to stockholders of record as of the close of business on May 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®, 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Mueller Water Products?

Mueller Water Products declared a quarterly dividend of $0.058 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on or about May 20, 2022.

What is the record date for the dividend?

The record date for the dividend is May 10, 2022.

Is the dividend from Mueller Water Products sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance and market conditions.

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