On October 21, 2022, Mueller Water Products (MWA) announced that it will raise its quarterly dividend by 5.2 percent to 6.1 cents quarterly per share. This marks 8 straight years of higher dividends paid by MWA.
The increased MWA dividend is payable on or about November 21, 2022, to stockholders of record as of the close of business on November 10, 2022. The dividend yield is 2.3% at a stock price of $10.69 for Meuller Water.
Mueller Water Products, Inc. is a water infrastructure company that manufactures and sells products and services used in the transmission, distribution and measurement of water in North America. Its product and service portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment.