Mueller Industries Inc Stock Dividends
MLI pays dividends quarterly. Last paid amount was $0.200 at Mar 29, 2024. As of today, dividend yield (TTM) is 2.33%.
Dividend Yield Range
AI Analysis of MLI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.33% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -33.33% |
| Payout Ratio | 0 |
| Amount Per Share | $0.200 |
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Mueller Industries Inc has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.
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MLI Dividend Payout History
To ensure a understanding of MLI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 23, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.200 | 0.371% |
| 2 | Nov 03, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.150 | 0.336% |
| 3 | Jul 28, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.300 | 0.81% |
| 4 | May 05, 2023 | Jun 01, 2023 | Sep 15, 2023 | $0.300 | 0.81% |
| 5 | Feb 21, 2023 | Mar 16, 2023 | Mar 31, 2023 | $0.300 | 0.82% |
| 6 | Nov 04, 2022 | Dec 01, 2022 | Dec 16, 2022 | $0.250 | 0.82% |
| 7 | Jul 29, 2022 | Sep 01, 2022 | Sep 16, 2022 | $0.250 | 0.84% |
| 8 | May 05, 2022 | Jun 02, 2022 | Jun 17, 2022 | $0.250 | 0.98% |
| 9 | Feb 18, 2022 | Mar 17, 2022 | Apr 01, 2022 | $0.250 | 0.91% |
| 10 | Nov 10, 2021 | Dec 02, 2021 | Dec 17, 2021 | $0.130 | 0.455% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MLI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MLI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MLI stock here.
Comparing MLI to Sector and Country
MLI pays a solid dividend yield of 2.33%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). MLI’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%), which means that there are more attractive dividend stocks to consider.
MLI Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Mueller Industries Inc | 6.464B | $0.200 | 2.33% | 8.83% | |
| SPX Corporation | 5.572B | $0.0944 | 0% | - |
