Mueller Water Products Increases Quarterly Dividend

Rhea-AI Summary

Mueller Water Products (NYSE: MWA) announced a 4.7% increase in its quarterly dividend, raising it to $0.067 per share from $0.064. The dividend will be payable on November 20, 2024, to stockholders of record as of November 8, 2024. This increase demonstrates the company's commitment to delivering shareholder value.

Positive

• 4.7% dividend increase shows financial strength and commitment to shareholder returns
• Consistent dividend payment indicates stable cash flow generation

Negative

• None.

ATLANTA, Oct. 22, 2024 (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 4.7% to $0.067 per share from $0.064, payable on or about November 20, 2024, to stockholders of record as of the close of business on November 8, 2024.

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

FAQ

What is Mueller Water Products' new quarterly dividend amount for 2024?

Mueller Water Products' new quarterly dividend is $0.067 per share, representing a 4.7% increase from the previous $0.064 per share.

When is MWA's next dividend payment date?

The next dividend payment for Mueller Water Products (MWA) is scheduled for November 20, 2024.

What is the record date for Mueller Water Products' (MWA) Q4 2024 dividend?

The record date for Mueller Water Products' Q4 2024 dividend is November 8, 2024.

By what percentage did Mueller Water Products (MWA) increase its dividend in October 2024?

Mueller Water Products increased its quarterly dividend by 4.7% in October 2024.