Mueller Industries (MLI) Raises Quarterly Dividend 30% to $0.13; 1.4% Yield
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Mueller Industries, Inc. Announces 30 Percent Increase in Quarterly Cash Dividend and Authorization to Redeem the 2027 Subordinated Debentures
February 22, 2021 1:20 PM ESTCOLLIERVILLE, Tenn.--(BUSINESS WIRE)-- Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable April 2, 2021, to shareholders of record on March 19, 2021.
In addition, the Board also authorized the full redemption of the Companys Subordinated Debentures due 2027 pursuant to the terms of the underlying indenture. The Company expects... More
