Mueller Industries, Inc. (NYSE:MLI) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 1.21 percent. Shareholders who purchased MLI shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Mueller Industries, Inc. recently reported third quarter financial results on October 20, 2020, before market open, the Collierville based company posted income for the third quarter of $ 0.76 per share, from the revenue of $ 619.11 million. The quarterly earnings increased 46.15 percent while revenues developed 1.73 percent compared with the same quarter last year.
Stock Performance
Shares of Mueller Industries, Inc. traded up $ 0.22 or 0.67 percent on Tuesday, reaching $ 32.98 with volume of 173.20 thousand shares. Mueller Industries, Inc. has traded high as $ 33.66 and has cracked $ 32.90 on the downward trend
According to the previous trading day, closing price of $ 32.98, representing a 95.23 % increase from the 52 week low of $ 16.78 and a 10.64 % decrease over the 52 week high of $ 36.66.
The company has a market capital of $ 1.88 billion and is part of the Industrials sector and Metal Fabrication industry.
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, Asia, and Mexico. Its Piping Systems segment manufactures copper tubes and fittings, and line sets for water distribution system, heating system, air-conditioning, and refrigeration applications, as well as drainage, waste, and vent systems.
