Mueller Water Products declared a quarterly dividend of $0.067 per share, payable May 21, 2025, to eligible stockholders.
Quiver AI Summary
Mueller Water Products, Inc. has announced a quarterly dividend of $0.067 per share, set to be paid on or about May 21, 2025, to shareholders recorded as of May 12, 2025. The company is a prominent manufacturer and marketer of a variety of water transmission, distribution, and measurement solutions in North America, including engineered valves, fire hydrants, and metering products. Mueller Water Products aims to enhance operational efficiency and customer service for municipalities while helping them prioritize their capital expenditures. For more information, visit their website.
Potential Positives
- The declaration of a quarterly dividend signals the company's commitment to returning value to shareholders, which can enhance investor confidence.
- This action reflects Mueller Water Products' stable financial position and ability to generate profit, which is important for overall market perception.
- Being recognized as a leading manufacturer in a vital industry such as water infrastructure highlights the company's market strength and growth potential.
- The diverse product portfolio showcased in the announcement indicates a wide range of revenue streams, potentially reducing business risk and increasing resilience against market fluctuations.
Potential Negatives
- The declared quarterly dividend of $0.067 per share may indicate financial constraints or lower profitability, which could signal to investors that the company is not in a strong financial position.
FAQ
What is the quarterly dividend declared by Mueller Water Products?
The Board of Directors of Mueller Water Products has declared a quarterly dividend of $0.067 per share.
When will the dividend be payable?
The dividend will be payable on or about May 21, 2025.
Who is eligible for the dividend?
Stockholders of record as of the close of business on May 12, 2025, are eligible for the dividend.
What products does Mueller Water Products manufacture?
Mueller Water Products manufactures engineered valves, fire hydrants, metering products, and more for water systems.
How can I contact Mueller Water Products for investor relations?
You can contact Whit Kincaid at 770-206-4116 or [email protected] for investor relations inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MWA Insider Trading Activity
$MWA insiders have traded $MWA stock on the open market 21 times in the past 6 months. Of those trades, 1 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $MWA stock by insiders over the last 6 months:
- STEVEN S HEINRICHS has made 0 purchases and 11 sales selling 281,832 shares for an estimated $7,032,381.
- TODD P HELMS (SVP and CHRO) has made 0 purchases and 2 sales selling 61,504 shares for an estimated $1,577,592.
- LYDIA W THOMAS has made 0 purchases and 2 sales selling 27,883 shares for an estimated $720,906.
- SUZANNE G SMITH (VP and CAO) sold 26,138 shares for an estimated $653,306
- SHIRLEY C. FRANKLIN has made 0 purchases and 2 sales selling 16,201 shares for an estimated $403,550.
- BRIAN SLOBODOW sold 11,132 shares for an estimated $275,307
- CHRISTINE ORTIZ sold 3,875 shares for an estimated $100,274
- BRIAN C. HEALY purchased 1,115 shares for an estimated $24,890
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MWA Hedge Fund Activity
We have seen 188 institutional investors add shares of $MWA stock to their portfolio, and 159 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 3,152,099 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $70,922,227
- UBS GROUP AG added 2,104,830 shares (+779.5%) to their portfolio in Q4 2024, for an estimated $47,358,675
- INVESCO LTD. added 1,780,366 shares (+79.7%) to their portfolio in Q4 2024, for an estimated $40,058,235
- BLACKROCK, INC. added 1,549,394 shares (+10.8%) to their portfolio in Q4 2024, for an estimated $34,861,365
- NUANCE INVESTMENTS, LLC removed 1,508,021 shares (-82.3%) from their portfolio in Q4 2024, for an estimated $33,930,472
- FRANKLIN RESOURCES INC removed 1,470,426 shares (-17.1%) from their portfolio in Q4 2024, for an estimated $33,084,585
- KBC GROUP NV removed 1,200,222 shares (-87.3%) from their portfolio in Q1 2025, for an estimated $30,509,643
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ATLANTA, April 30, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc . (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of $0.067 per share, payable on or about May 21, 2025, to stockholders of record as of the close of business on May 12, 2025.
About Mueller Water Products, Inc .
Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. Our broad portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software that provides critical water system data. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at www.muellerwaterproducts.com
Mueller refers to one or more of Mueller Water Products, Inc. (MWP), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other.
Investor Relations Contact: Whit Kincaid
770-206-4116
[email protected]
Media Contact: Jenny Barabas
470-806-5771
[email protected]
