Mueller Industries (NYSE: MLI) sets Q3 dividend as long-time director retires
Rhea-AI Filing Summary
Mueller Industries, Inc. reported two corporate updates. The Board of Directors declared a regular quarterly cash dividend of 17.5 cents per share on its common stock. The dividend will be payable on September 18, 2026 to shareholders of record as of September 4, 2026.
The company also disclosed that Gary S. Gladstein, a long-serving director with a combined 30 years on the Board, will retire effective December 31, 2026. He previously served three years as Chairman and three years as Lead Independent Director. Management credited him with contributing to the company’s long-term development, including its growth into what it describes as a $15 billion enterprise.
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Filing Explained
The filing identifies the declared
8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly dividend: 17.5 cents per share
Dividend payment date: September 18, 2026
Dividend record date: September 4, 2026
+3 more
6 metrics
Quarterly dividend
17.5 cents per share
Regular quarterly cash dividend on common stock declared by the Board
Dividend payment date
September 18, 2026
Date on which the declared cash dividend will be payable
Dividend record date
September 4, 2026
Shareholders of record on this date will receive the dividend
Director service length
30 years
Combined Board service of Gary S. Gladstein at Mueller Industries
Enterprise scale reference
$15 billion
Company described as a $15 billion enterprise in management’s statement
Retirement effective date
December 31, 2026
Effective retirement date of director Gary S. Gladstein from the Board
Key Terms
regular quarterly cash dividend, shareholders of record, Lead Independent Director, forward-looking statements, +1 more
5 terms
regular quarterly cash dividend financial
"declared a regular quarterly cash dividend on its common stock of 17.5 cents"
A regular quarterly cash dividend is a set amount of money that a company pays to its shareholders four times a year, usually every three months. It provides investors with a steady income stream and signals that the company is generating consistent profits. For investors, receiving these payments can be a reliable way to earn returns and assess the company's financial stability.
Lead Independent Director financial
"including three years as Chairman and three years as Lead Independent Director"
A lead independent director is a board member who is not part of company management and is chosen to coordinate and represent the other independent directors, often running sessions without the CEO, helping set meeting agendas, and serving as a liaison between shareholders and the board. For investors, this role signals stronger, more balanced oversight—like a neutral referee who helps ensure decisions are fair, transparent and focused on protecting shareholder interests.
forward-looking statements regulatory
"Statements in this release that are not strictly historical may be "forward-looking" statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emergence from bankruptcy financial
"from its emergence from bankruptcy in the early 1990s, to its growth"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dividend did Mueller Industries (MLI) declare in this 8-K?
Mueller Industries declared a regular quarterly cash dividend of 17.5 cents per share on its common stock, payable on September 18, 2026 to shareholders of record on September 4, 2026.
When is the record date and payment date for MLI’s latest dividend?
The dividend will be paid on September 18, 2026 to shareholders of record on September 4, 2026. Only investors listed as shareholders on the record date will be eligible to receive the dividend payment.
Which Mueller Industries (MLI) director is retiring and when?
Director Gary S. Gladstein will retire from Mueller Industries’ Board effective December 31, 2026. He has served a combined 30 years, including three years as Chairman and three years as Lead Independent Director.
How long has Gary S. Gladstein served on Mueller Industries’ Board?
Gary S. Gladstein has served on the Board for a combined 30 years, including prior service from 1990 to 1994 and again from 2000 onward, with leadership roles as Chairman and Lead Independent Director.
What business markets does Mueller Industries (MLI) serve?
Mueller Industries describes itself as an industrial corporation manufacturing goods for air, water, oil and gas distribution, climate comfort, food preservation, electrical transmission, medical, aerospace, and automotive markets across North America, Europe, Asia, and the Middle East.
How does Mueller Industries characterize its overall enterprise size?
In commenting on Gary S. Gladstein’s retirement, leadership referred to Mueller Industries’ growth into a $15 billion enterprise. This characterization reflects the company’s scale as described in the statement.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of earliest event reported): | |||||
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File | (IRS Employer | ||||||
| of incorporation) | Number) | Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
| Registrant’s telephone number, including area code: | ||||||||
| Registrant’s Former Name or Address, if changed since last report: | N/A | ||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new of revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On August 6, 2026, Mr. Gary S. Gladstein notified the Board of Directors (the “Board”) of Mueller Industries, Inc. (the “Company”) that he will retire from the Board effective December 31, 2026. Mr. Gladstein previously served as a member of the Board from 1990 to 1994 and then rejoined the Board in 2000. He later held the positions of Chairman of the Board from 2013 to 2015 and Lead Independent Director from 2016 to 2018.
| Item 8.01 | Other Events. | ||||
On August 6, 2026 the Registrant issued a press release announcing that its Board has declared a regular quarterly cash dividend of 17.5 cents per share on its common stock. The dividend will be paid September 18, 2026 to shareholders of record on September 4, 2026. A copy of the press release announcing the payment and record dates is attached as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. | ||||
(d) Exhibits
| 99.1 | Press release dated August 6, 2026 | |||||||
| 99.2 | Press release dated August 7, 2026 | |||||||
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| MUELLER INDUSTRIES, INC. | |||||||||||
| By: | /s/ ANTHONY J. STEINRIEDE | ||||||||||
| Name: | Anthony J. Steinriede | ||||||||||
| Title: | Vice President - Corporate Controller | ||||||||||
| Date: August 10, 2026 | |||||||||||
3
Mueller Industries, Inc. Declares Cash Dividend for Third Quarter
COLLIERVILLE, Tenn., August 6, 2026 – Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 17.5 cents per share. The dividend will be payable September 18, 2026 to shareholders of record on September 4, 2026.
Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East.
| ********************* | ||
Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company's SEC filings. The words "outlook," "estimate," "project," "intend," "expect," "believe," "target," "encourage," "anticipate," "appear," and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.
CONTACT
Jeffrey A. Martin
(901)753-3226
Mueller Industries, Inc. Announces Retirement of Gary S. Gladstein from the Board of Directors Effective December 31, 2026
COLLIERVILLE, Tenn., August 7, 2026 – Mueller Industries, Inc. (NYSE: MLI) announced today that effective December 31, 2026, Gary S. Gladstein, who has served on the Board a combined 30 years, including three years as Chairman and three years as Lead Independent Director, will retire from Board service.
On the transition, Greg Christopher, Chairman and CEO stated “We are grateful for Gary’s commitment to our Company and thank him for his three decades of service. Gary has played an instrumental role in the long-term success of our Company, from its emergence from bankruptcy in the early 1990s, to its growth into a $15 billion enterprise. We appreciate his many valuable contributions to our Board and wish him the very best in his retirement.”
Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East.
| ********************* | ||
Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company's SEC filings. The words "outlook," "estimate," "project," "intend," "expect," "believe," "target," "encourage," "anticipate," "appear," and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.
CONTACT
Jeffrey A. Martin
(901)753-3226