Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.
Mueller Industries Dividend Announcement
• Mueller Industries announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-06
• Mueller Industries annual dividend for 2024 was $0.60
• Mueller Industries annual dividend for 2023 was $1.05
• Mueller Industries's trailing twelve-month (TTM) dividend yield is 1.14%
• Mueller Industries's payout ratio for the trailing twelve months (TTM) is 14.24%
• Mueller Industries's dividend growth over the last five years (2018-2023) was 21.29% year
• Mueller Industries's dividend growth over the last ten years (2013-2023) was 7.70% year
Mueller Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | $0.20 | quarterly | 2024-09-20 |
| 2024-06-07 | $0.20 | quarterly | 2024-06-21 |
| 2024-03-14 | $0.20 | quarterly | 2024-03-29 |
| 2023-11-30 | $0.15 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.30 | quarterly | 2023-09-15 |
| 2023-06-01 | $0.30 | quarterly | 2023-06-16 |
| 2023-03-16 | $0.30 | quarterly | 2023-03-31 |
| 2022-12-01 | $0.25 | quarterly | 2022-12-16 |
| 2022-09-01 | $0.25 | quarterly | 2022-09-16 |
| 2022-06-02 | $0.25 | quarterly | 2022-06-17 |
| 2022-03-17 | $0.25 | quarterly | 2022-04-01 |
| 2021-12-02 | $0.13 | quarterly | 2021-12-17 |
| 2021-09-02 | $0.13 | quarterly | 2021-09-17 |
| 2021-06-03 | $0.13 | quarterly | 2021-06-18 |
| 2021-03-18 | $0.13 | quarterly | 2021-04-02 |
| 2020-12-03 | $0.10 | quarterly | 2020-12-18 |
| 2020-09-03 | $0.10 | quarterly | 2020-09-18 |
| 2020-06-04 | $0.10 | quarterly | 2020-06-19 |
| 2020-03-19 | $0.10 | quarterly | 2020-04-03 |
| 2019-12-05 | $0.10 | quarterly | 2019-12-20 |
| 2019-09-05 | $0.10 | quarterly | 2019-09-20 |
| 2019-06-06 | $0.10 | quarterly | 2019-06-21 |
| 2019-03-14 | $0.10 | quarterly | 2019-03-29 |
| 2018-12-06 | $0.10 | quarterly | 2018-12-21 |
| 2018-09-06 | $0.10 | quarterly | 2018-09-21 |
| 2018-05-31 | $0.10 | quarterly | 2018-06-15 |
| 2018-03-15 | $0.10 | quarterly | 2018-03-29 |
| 2017-11-30 | $0.10 | quarterly | 2017-12-22 |
| 2017-08-31 | $0.10 | quarterly | 2017-09-22 |
| 2017-05-31 | $0.10 | quarterly | 2017-06-16 |
| 2017-03-10 | $3.00 | quarterly | |
| 2017-03-03 | $0.10 | quarterly | 2017-03-21 |
| 2016-11-30 | $0.10 | quarterly | 2016-12-19 |
| 2016-08-31 | $0.10 | quarterly | 2016-09-19 |
| 2016-05-27 | $0.10 | quarterly | 2016-06-15 |
| 2016-03-02 | $0.07 | quarterly | 2016-03-18 |
| 2015-11-25 | $0.07 | quarterly | 2015-12-14 |
| 2015-09-02 | $0.07 | quarterly | 2015-09-18 |
| 2015-05-28 | $0.07 | quarterly | 2015-06-15 |
| 2015-02-26 | $0.07 | quarterly | 2015-03-13 |
| 2014-11-26 | $0.07 | quarterly | 2014-12-15 |
| 2014-09-03 | $0.07 | quarterly | 2014-09-19 |
| 2014-05-29 | $0.07 | quarterly | 2014-06-16 |
| 2014-02-27 | $0.15 | quarterly | 2014-03-14 |
| 2013-11-27 | $0.12 | quarterly | 2013-12-16 |
| 2013-09-04 | $0.12 | quarterly | 2013-09-20 |
| 2013-05-30 | $0.12 | quarterly | 2013-06-17 |
| 2013-02-27 | $0.12 | quarterly | 2013-03-15 |
Mueller Industries Dividend per year
Mueller Industries Dividend growth
Mueller Industries Dividend Yield
Mueller Industries current trailing twelve-month (TTM) dividend yield is 1.14%. Interested in purchasing Mueller Industries stock? Use our calculator to estimate your expected dividend yield:
Mueller Industries Financial Ratios
P/E ratio15.76
PEG ratio2.21
P/B ratio3.45
ROE23.49%
Payout ratio14.24%
Current ratio4.86
Quick ratio3.85
Cash Ratio2.45
Mueller Industries Dividend FAQ
How much is the next Mueller Industries dividend?
Mueller Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mueller Industries dividend. The next Mueller Industries dividend will be released in March, June, August, or November.
When is Mueller Industries dividend paid?
Mueller Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mueller Industries pay?
The specific amount of Mueller Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mueller Industries's dividend history.
Does Mueller Industries stock pay dividends?
Yes, Mueller Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mueller Industries's dividend history.
How much dividend does Mueller Industries pay?
Mueller Industries paid $0.6 in 2024, $1.05 in 2023, $1.0 in 2022, $0.52 in 2021, and $0.4 in 2020.
How often does Mueller Industries pay dividends?
Mueller Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Mueller Industries's dividend yield?
The current dividend yield for Mueller Industries is 1.14%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mueller Industries's exact dividend yield.
When does Mueller Industries go ex dividend?
Mueller Industries's ex-dividend date for the latest dividend was on 2024-09-06. Mueller Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mueller Industries dividend paid?
Mueller Industries pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Mueller Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mueller Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mueller Industries dividend per share?
Mueller Industries paid $0.6 per share in 2024 and $1.05 per share in 2023. The amount of dividend per share that Mueller Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mueller Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mueller Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mueller Industries a dividend stock?
Yes, Mueller Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mueller Industries a good dividend stock?
Whether Mueller Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mueller Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mueller Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Mueller Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Mueller Industries pay dividends monthly?
Mueller Industries typically pays dividends on a quarterly basis.
Does Mueller Industries pay dividends quarterly?
Mueller Industries currently pays dividends on a quarterly basis.
Has Mueller Industries ever paid a dividend?
Yes, Mueller Industries has a history of paying dividends to its shareholders. Mueller Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mueller Industries dividend stocks?
To buy Mueller Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Mueller Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Mueller Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Mueller Industries pay dividends 2024?
Mueller Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mueller Industries increase its dividend in 2024?
Decisions regarding Mueller Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mueller Industries dividend overview you can look into the above table of dividend history.
How Mueller Industries dividend works?
The Mueller Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mueller Industries's dividend process works:
1. Determination of Dividend: Mueller Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mueller Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mueller Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mueller Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Mueller Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mueller Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mueller Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mueller Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Mueller Industries dividends paid?
Mueller Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mueller Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mueller Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mueller Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Mueller Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mueller Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mueller Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Mueller Industries pay dividends?
Mueller Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mueller Industries pay dividends?
The general pattern is that Mueller Industries pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mueller Industries dividend safe?
The safety of Mueller Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Mueller Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mueller Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Mueller Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mueller Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.