Mueller Water Products (MWA) To Go Ex-Dividend on August 10th

Mueller Water Products (NYSE:MWA) announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Monday, August 10th will be paid a dividend of 0.07 per share by the industrial products company on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, August 10th.

Mueller Water Products has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 10 years. Mueller Water Products has a dividend payout ratio of 20.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Mueller Water Products to earn $1.60 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 17.5%.

Mueller Water Products Stock Down 2.9%

Shares of NYSE:MWA opened at $25.15 on Thursday. The company’s fifty day moving average is $25.44 and its two-hundred day moving average is $27.01. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.92 and a current ratio of 4.57. Mueller Water Products has a 1-year low of $22.74 and a 1-year high of $31.00. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 1.18 and a beta of 1.03.

Mueller Water Products (NYSE:MWA) last posted its quarterly earnings results on Tuesday, April 21st. The industrial products company reported $2.16 EPS for the quarter. Mueller Water Products had a net margin of 14.17% and a return on equity of 22.11%. The business had revenue of $1.19 billion during the quarter. Equities analysts anticipate that Mueller Water Products will post 1.47 EPS for the current year.

Mueller Water Products Company Profile

Mueller Water Products, Inc is a leading provider of water infrastructure and flow control products and services designed to help water utilities and municipalities manage, control and measure their water distribution systems. The company’s portfolio includes a comprehensive range of products such as fire hydrants, valves, pipe repair systems, fittings and couplings, along with advanced metering and monitoring solutions. By combining traditional mechanical components with digital technologies, Mueller Water Products addresses the critical need for reliable and sustainable water distribution across North America.

The company’s operations are organized around two primary business segments.