Form 8-K Mueller Water Products, For: Mar 30
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): March 30, 2016
MUELLER WATER PRODUCTS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware | 0001-32892 | 20-3547095 |
(State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
1200 Abernathy Road, Suite 1200
Atlanta, Georgia 30328
(Address of Principal Executive Offices)
(770) 206-4200
(Registrant's telephone number, including area code)
Not applicable.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) |
Item 8.01. | Other Events |
Mueller Water Products, Inc. announced through a press release an increase in the amount of its regular quarterly dividend from $0.02 per share to $0.03 per share. A copy of the press release is included as Exhibit 99.1 and is incorporated by reference.
The information provided pursuant to this Item 8.01, including Exhibit 99.1 in Item 9.01, is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.
Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
99.1 Press release dated March 31, 2016 - Mueller Water Products Increases Quarterly Dividend
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 31, 2016 | MUELLER WATER PRODUCTS, INC. | ||
By: | /s/ Keith L. Belknap | ||
Keith L. Belknap | |||
Senior Vice President, General Counsel and Corporate Secretary |
MUELLER WATER PRODUCTS [logo] PRESS RELEASE
FOR IMMEDIATE RELEASE | Investor Contact: Martie Edmunds Zakas | |
March 31, 2016 | Sr. Vice President - Strategy, Corporate Development & | |
Communications | ||
770-206-4237 | ||
Media Contact: John Pensec | ||
Sr. Director - Corporate Communications & Public Affairs | ||
770-206-4240 | ||
Mueller Water Products Increases Quarterly Dividend
ATLANTA, March 31, 2016 -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of three cents ($0.03) per share, payable on or about May 20, 2016, to stockholders of record as of the close of business on May 10, 2016. The dividend represents a 50 percent increase from the previous quarter’s dividend of $0.02 per share.
“We are increasing our dividend as part of a disciplined capital allocation strategy that seeks to enhance the value delivered to our stockholders,” said Gregory E. Hyland, chairman, president and chief executive officer. “The increase reflects our continued confidence in the Company’s strong financial position and growth prospects.”
Forward-Looking Statements
This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events or developments that we intend, expect, plan, project, believe or anticipate will or may occur in the future are forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements regarding future events (such as our capital allocation strategy and commitment, and our continued strong financial position and growth prospects) that involve risks and uncertainties. Forward-looking statements are based on certain assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions and expected future developments. Actual results and the timing of events may differ materially from those contemplated by the forward-looking statements due to a number of factors, including regional, national or global political, economic, business, competitive, market and regulatory conditions and the other factors that are described in the section entitled "RISK FACTORS" in Item 1A of our most recently filed Annual Report on Form 10-K. Undue reliance should not be placed on any forward-looking statements. We do not have any intention or obligation to update forward-looking statements, except as required by law.
About Mueller Water Products, Inc.
Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. The piping component systems produced by Anvil help build connections that last in commercial, industrial, mechanical, fire protection and oil & gas applications. Visit us at www.muellerwaterproducts.com.
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