Welcome to our dedicated page for Mueller Water A news (Ticker: MWA), a resource for investors and traders seeking the latest updates and insights on Mueller Water A stock.
Mueller Water Products, Inc. reports news about a North American water infrastructure manufacturer and marketer whose products are used in the transmission, distribution and measurement of water. Its portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products and software that provides water system data.
Company updates regularly cover quarterly financial results, volume trends, pricing, manufacturing efficiency, supply-chain conditions, tariffs and inflation pressures. Other recurring announcements include quarterly dividends, investor conference participation, earnings-call schedules and governance or leadership changes tied to the company's operating and commercial organization.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Mueller Water Products (NYSE: MWA) has announced a quarterly dividend of 6.10 cents ($0.061) per share, set to be paid on May 22, 2023. Stockholders must be on record by the close of business on May 10, 2023. As a leading manufacturer in the water infrastructure industry in North America, Mueller provides a diverse range of products and services that enhance operational efficiency for municipalities. This dividend declaration reflects the company’s commitment to returning value to its shareholders while supporting water system management.
Mueller Water Products, Inc. (NYSE: MWA) is set to participate in the Gabelli Funds 33rd Annual Pump, Valve & Water Systems Symposium on February 23, 2023, at 11:00 a.m. Eastern Time. The event will take place in New York, and the presentation will be accessible via webcast on the company's Investor Relations website for 90 days after the event.
As a leading manufacturer in the water industry, Mueller provides solutions for the transmission, distribution, and measurement of water across North America, enhancing operational efficiency and customer service.
Mueller Water Products reported a 15.6% increase in net sales for Q1 2023, reaching $314.8 million, up from $272.3 million in Q1 2022. Net income rose to $22.5 million, translating to $0.14 per diluted share. Adjusted operating income decreased to $30.3 million, with an adjusted operating margin of 9.6%, down from 11.5% in the prior year. Adjusted EBITDA was $44.2 million, down 6.9% compared to the previous year. The company anticipates a 6-8% growth in consolidated net sales for 2023 and projects improved free cash flow, with expectations for a robust municipal repair market despite challenges in residential construction.