Mueller Industries, Inc. Announces 20 Percent Increase in Quarterly Dividend
February 21 2023 - 7:00AM
Business Wire
For the third consecutive year, Mueller Industries, Inc. (NYSE:
MLI) has announced a double digit increase to its quarterly
dividend.
The Board of Directors has declared a regular quarterly cash
dividend of $.30 per share, to be paid on March 31, 2023 to
stockholders of record as of the close of business on March 17,
2023. This represents a 20 percent increase over the 2022 quarterly
dividend.
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; energy 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230220005275/en/
Jeffrey A. Martin (901)753-3226
Mueller Industries (NYSE:MLI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Mueller Industries (NYSE:MLI)
Historical Stock Chart
From Apr 2023 to Apr 2024