COLLIERVILLE, Tenn. - Mueller Industries, Inc. (NYSE: MLI), a key player in the industrial manufacturing sector with a market capitalization of $8.3 billion, has announced the declaration of a regular quarterly cash dividend for its shareholders. The dividend, amounting to 25 cents per share and yielding 1.34%, is scheduled for distribution on June 20, 2025, to shareholders who are on record as of June 6, 2025. InvestingPro data shows the company has maintained dividend payments for 22 consecutive years, with increases in the past four years.
The company, known for its manufacturing of products essential to markets such as air and water distribution, climate comfort, and energy transmission, operates a network that spans across North America, Europe, Asia, and the Middle East. Mueller Industries’ portfolio includes a variety of companies and brands that cater to a diverse range of industries including medical, aerospace, and automotive. With an impressive revenue growth of 18.8% in the last twelve months and a P/E ratio of 13.3, InvestingPro analysis suggests the stock is currently trading below its Fair Value.
The announcement of the dividend follows the company’s practice of providing returns to its shareholders and reflects its ongoing financial policies. According to InvestingPro data, Mueller Industries maintains a strong financial position with more cash than debt on its balance sheet and an excellent overall Financial Health score. It is important to note that this dividend declaration is part of the company’s regular financial operations and is not indicative of future market performance or company growth.
Investors are advised that statements in the press release that are not historical facts may be considered "forward-looking" and involve certain risks and uncertainties. These risks include, but are not limited to, economic and currency conditions, the availability of raw materials and energy, market demand, pricing, competition, technological developments, and the availability of financing. Such forward-looking statements, identified by terms like "outlook," "estimate," and "expect," should not be overly relied upon as they pertain only to the date of the report. For comprehensive financial analysis and additional insights, investors can access more than 8 exclusive ProTips and detailed metrics through InvestingPro.
Mueller Industries emphasizes that it has no obligation to update or revise any forward-looking statements publicly, even if new information becomes available or other events occur in the future.
This financial update is based on a press release statement from Mueller Industries, Inc. and provides shareholders and the investment community with the latest dividend information from the company.
In other recent news, Mueller Industries reported its first-quarter 2025 earnings, which fell short of analyst expectations. The company posted adjusted earnings per share of $1.39, missing the consensus estimate of $1.41. However, revenue matched analyst projections, coming in at $1 billion. Net income increased to $157.4 million, up from $138.4 million in the same period last year, with net sales rising 17.7% year-over-year. This growth was attributed to acquisitions and higher selling prices due to increased raw material costs and tariffs. CEO Greg Christopher stated that despite manufacturing disruptions, the company delivered strong results and was pleased with contributions from recent acquisitions. Mueller Industries ended the quarter with a cash balance of $830.1 million and repurchased over 3 million shares for $243.6 million. Christopher also mentioned that while markets and demand align with the year-end outlook, tariffs and trade policies present new challenges.
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