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Mueller Industries (MLI) Dividend Yield, Date & History

Mueller Industries logo
$80.18 +0.69 (+0.87%)
(As of 12/20/2024 05:31 PM ET)

Mueller Industries Dividend Summary

Dividend Yield
1.00%
Annual Dividend
$0.80
Recent
Dividend Payment
Dec. 20
Annualized 3-Year
Dividend Growth
44.22%
Dividend Payout Ratio
15.53%

Mueller Industries (MLI) pays an annual dividend of $0.80 per share, with a dividend yield of 1.00%. The next quarterly payment of $0.20 per share was paid on Friday, December 20, to investors who owned the stock before the ex-dividend date of Friday, December 6. The company currently pays out 15.53% of its earnings and 14.80% of its cash flow as dividends.

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MLI Dividend Payments by Quarter

The chart below displays up to four years of Mueller Industries' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MLI Dividend Yield Over Time

The chart below tracks Mueller Industries' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Mueller Industries vs. The Competition

Compare Mueller Industries' annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeMueller IndustriesIndustrial CompaniesNYSE Companies
Annual Dividend$0.80$0.01$1.39
Dividend Yield1.00%2.08%3.58%
Annualized 3-Year Dividend Growth44.22%11.38%15.78%

Mueller Industries Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings15.53%
Based on Cashflow14.80%

Mueller Industries Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/8/2024quarterly$0.20 - 0.85%12/6/202412/6/202412/20/2024
8/1/2024quarterly$0.20 - 1.17%9/6/20249/6/20249/20/2024
5/10/2024quarterly$0.20 - 1.35%6/7/20246/7/20246/21/2024
2/23/2024quarterly$0.20+$0.05
33.33%
1.63%3/14/20243/15/20243/29/2024
11/3/2023quarterly$0.15 - 1.51%11/30/202312/1/202312/15/2023
7/28/2023quarterly$0.15 - 1.49%8/31/20239/1/20239/15/2023
5/5/2023quarterly$0.15 - 1.67%6/1/20236/2/20236/16/2023
2/21/2023quarterly$0.15+$0.0250
20.00%
1.61%3/16/20233/17/20233/31/2023

This table shows Mueller Industries' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Mueller Industries Dividend - Frequently Asked Questions

The current dividend yield for Mueller Industries is 1.00%. Learn more on MLI's dividend yield history.

The annual dividend for MLI shares is $0.80. Learn more on MLI's annual dividend history.

Mueller Industries pays quarterly dividends to shareholders.

Mueller Industries's most recent quarterly dividend payment of $0.20 per share was made to shareholders on Friday, December 20, 2024.

Mueller Industries's most recent ex-dividend date was Friday, December 6, 2024.

Over the past three years, the company's dividend has grown by an average of 44.22% per year.

The most recent change in the company's dividend was an increase of $0.05 on Friday, February 23, 2024.

The dividend payout ratio for MLI is:
  • 15.53% based on the trailing year of earnings
  • 14.80% based on cash flow

Mueller Industries' dividend yield of 0.97% is lower than the average Industrial Products company that issues a dividend. Mueller Industries' dividend payout ratio of 15.53% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Mueller Industries stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:MLI) was last updated on 12/21/2024 by MarketBeat.com Staff
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