Mueller Industries Raises Quarterly Dividend by 25%

Dow Jones2025-02-21

By Colin Kellaher

Mueller Industries' board has raised the industrial manufacturing company's quarterly dividend by 25%, to 25 cents from 20 cents.

The new payout, equal to $1.00 a year, represents an annual yield of about 1.24%, based on Thursday's closing price of $80.58, up from 0.99%.

The Collierville, Tenn., company on Friday said the increased dividend is payable March 28 to shareholders of record March 14.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 21, 2025 07:17 ET (12:17 GMT)

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