Mueller Industries, Inc. Announces Quarterly Dividend of $0.17 (NYSE:MLI)

Posted by on Aug 7th, 2026

Mueller Industries, Inc. (NYSE:MLI – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Investors of record on Friday, September 4th will be given a dividend of 0.175 per share by the industrial products company on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, September 4th.

Mueller Industries has raised its dividend by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Mueller Industries has a payout ratio of 10.2% meaning its dividend is sufficiently covered by earnings.

Mueller Industries Price Performance

Mueller Industries stock traded down $0.92 during midday trading on Friday, reaching $68.54. The company had a trading volume of 231,441 shares, compared to its average volume of 1,523,519. The company has a market capitalization of $15.16 billion, a P/E ratio of 17.89 and a beta of 1.11. Mueller Industries has a 12-month low of $44.03 and a 12-month high of $71.12. The firm’s fifty day simple moving average is $63.78 and its 200-day simple moving average is $62.55.

Mueller Industries (NYSE:MLI – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The industrial products company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.04. Mueller Industries had a return on equity of 25.68% and a net margin of 18.25%.The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm posted $1.96 EPS. Mueller Industries’s revenue was up 25.5% compared to the same quarter last year.

Analysts Set New Price Targets

MLI has been the topic of a number of research analyst reports. Wall Street Zen lowered Mueller Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Mueller Industries in a research note on Friday, July 17th. Finally, Northcoast Research upgraded Mueller Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective on the stock in a report on Thursday, July 16th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $75.00.

Check Out Our Latest Stock Report on Mueller Industries

Mueller Industries Company Profile

(Get Free Report)

Mueller Industries, Inc is a diversified manufacturer and marketer of copper, brass, aluminum and plastic products. Headquartered in Memphis, Tennessee, the company serves a wide range of markets including HVAC (heating, ventilation and air conditioning), refrigeration, plumbing, industrial gas, automotive and agricultural sectors. Its product portfolio encompasses copper and plastic tubing, brass fittings, valves and related components designed for fluid handling and temperature control applications.

The company operates through multiple business segments, including the Plumbing & Refrigeration segment, which supplies copper and plastic tubing, fittings and valves for residential and commercial construction markets; the Industrial Metals & Mining segment, which provides aluminum shapes and specialty brass products for industrial applications; and the Climate segment, which focuses on copper tubing and components for air conditioning and refrigeration systems.

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Dividend History for Mueller Industries (NYSE:MLI)

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