Mueller Water Products's latest quarterly cash dividend of $0.058 per share was issued to shareholders on record before Aug 9, 2022. The dividend distribution stands at $0.23 per share annually, which comes to a dividend yield of 2.26%.
Mueller Water Products's dividend yield of 2.26% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 1.74%, Mueller Water Products's dividend yield is 30% higher. The historical 5-year average of MWA's dividend yield is 1.8%, which is less than the current yield.
Mueller Water Products has been paying dividends for the last 15 years. Our records show that MWA has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 5% since twelve months ago. And with the price of the stock down by 33% from a year ago, the dividend yield has an increase of 57%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 9, 2022 | Aug 22, 2022 | Jul 27, 2022 | $0.058 | normal |
| May 9, 2022 | May 20, 2022 | Apr 22, 2022 | $0.058 | normal |
| Feb 9, 2022 | Feb 21, 2022 | Jan 27, 2022 | $0.058 | normal |
| Nov 9, 2021 | Nov 22, 2021 | Oct 22, 2021 | $0.058 | normal |
| Aug 9, 2021 | Aug 20, 2021 | Jul 29, 2021 | $0.055 | normal |
| May 7, 2021 | May 20, 2021 | Apr 23, 2021 | $0.055 | normal |
| Feb 9, 2021 | Feb 22, 2021 | Jan 27, 2021 | $0.055 | normal |
| Nov 9, 2020 | Nov 20, 2020 | Oct 23, 2020 | $0.055 | normal |
| Aug 7, 2020 | Aug 20, 2020 | Jul 29, 2020 | $0.053 | normal |
| May 8, 2020 | May 20, 2020 | Apr 23, 2020 | $0.053 | normal |
| Feb 7, 2020 | Feb 20, 2020 | Jan 30, 2020 | $0.053 | normal |
| Nov 7, 2019 | Nov 20, 2019 | Oct 25, 2019 | $0.053 | normal |
| Aug 8, 2019 | Aug 20, 2019 | Jul 25, 2019 | $0.053 | normal |
| May 9, 2019 | May 20, 2019 | Apr 23, 2019 | $0.05 | normal |
| Feb 7, 2019 | Feb 20, 2019 | Jan 25, 2019 | $0.05 | normal |
| Nov 8, 2018 | Nov 20, 2018 | Oct 29, 2018 | $0.05 | normal |
| Aug 9, 2018 | Aug 20, 2018 | Jul 26, 2018 | $0.05 | normal |
| May 9, 2018 | May 21, 2018 | Apr 17, 2018 | $0.05 | normal |
| Feb 8, 2018 | Feb 20, 2018 | Jan 24, 2018 | $0.05 | normal |
| Nov 9, 2017 | Nov 20, 2017 | Oct 25, 2017 | $0.04 | normal |
| Aug 9, 2017 | Aug 21, 2017 | Aug 1, 2017 | $0.04 | normal |
| May 8, 2017 | May 22, 2017 | Apr 19, 2017 | $0.04 | normal |
| Feb 8, 2017 | Feb 21, 2017 | Jan 9, 2017 | $0.04 | normal |
| Nov 8, 2016 | Nov 21, 2016 | Oct 31, 2016 | $0.03 | normal |
| Aug 4, 2016 | Aug 19, 2016 | Jul 27, 2016 | $0.03 | normal |
| May 6, 2016 | May 20, 2016 | $0.03 | normal |
Mueller Water Products's payout ratio of 42.2% is above the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 28.9%, Mueller Water Products's payout ratio is 46% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FLS Flowserve Corp | 3.29% | $0.8 | 109.6% |
| MWA Mueller Water Products Inc | 2.26% | $0.23 | 42.2% |
| MLI Mueller Industries Inc | 1.48% | $0.88 | 7.5% |
| BMI Badger Meter Inc | 0.89% | $0.83 | 37.7% |
| WTS Watts Water Technologies Inc | 0.89% | $1.12 | 17.9% |
| CW Curtiss Wright Corp | 0.53% | $0.74 | 11.3% |
Yes, Mueller Water Products has been paying dividends for the last 15 years.
At this point we don't have a record of MWA's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.
Mueller Water Products's last dividend ex-date was on Aug 9, 2022. The dividend amount was $0.058 per share.
MWA has paid dividend of $0.23 per share in the last year.
Mueller Water Products's current dividend yield is 2.26%.
Mueller Water Products has a quarterly dividend frequency.
The dividend payout ratio of Mueller Water Products is 42.2%.
Mueller Water Products's dividend yield is more than the Industrials sector average.