Mueller Industries Raises Quarterly Dividend 40% to $0.35 Per Share
Mueller Industries, Inc. declared a quarterly cash dividend of $0.35 per share, marking a 40% increase from its prior dividend of $0.25. The industrial manufacturer extended its streak of double-digit dividend increases to six consecutive years.
Mueller Industries, Inc. (NYSE: MLI), an industrial manufacturer of components for air, water, and oil distribution systems, declared a quarterly cash dividend of $0.35 per share on February 19, 2026. The dividend represents a 40% increase from the company's 2025 quarterly dividend of $0.25 per share. Read more dividend announcements.
The dividend will be paid to shareholders of record as of March 13, 2026, with payment scheduled for March 27, 2026. The announcement marks the sixth consecutive year Mueller has raised its quarterly dividend by double digits.
Mueller Industries manufactures products for climate comfort, food preservation, electrical transmission, medical, aerospace, and automotive markets. The company operates a network of facilities across North America, Europe, Asia, and the Middle East.
Dividend Payment Details
| Dividend Amount | Record Date | Payment Date | Previous Amount | Increase |
|---|---|---|---|---|
| $0.35 | March 13, 2026 | March 27, 2026 | $0.25 | 40% |
The Board of Directors approved the dividend increase as part of its regular quarterly distribution program. The company has maintained a pattern of significant dividend growth, with double-digit percentage increases in each of the past six years.