Mueller Industries (MLI) Increases Quarterly Dividend by 25%

By Tamara Parker • Friday, February 21 10:18 • Permanent Link

Mueller Industries, Inc. (NYSE: MLI) has announced a 25 percent increase in its quarterly dividend compared to the previous year. The regular quarterly cash dividend has been declared at $.25 per share, to be paid on March 28, 2025, to stockholders of record as of the close of business on March 14, 2025. This marks the fifth consecutive year of a double-digit increase in the quarterly dividend.

Mueller Industries, Inc. is an industrial corporation with holdings that manufacture essential goods for various markets including air, water, oil and gas distribution, climate comfort, food preservation, energy transmission, medical, aerospace, and automotive. The corporation operates a network of companies and brands across North America, Europe, Asia, and the Middle East.

This announcement reflects the company's commitment to providing value to its shareholders and its confidence in its financial position. Following these announcements, the company's shares moved -0.2%, and are now trading at a price of $80.43. If you want to know more, read the company's complete 8-K report here.

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