Mueller Water Products declared a quarterly dividend of $0.067 per share, payable February 21, 2025.
Quiver AI Summary
Mueller Water Products, Inc. has announced a quarterly dividend of $0.067 per share, set to be paid on February 21, 2025, to stockholders recorded by February 10, 2025. The company is a prominent manufacturer of water transmission and measurement solutions in North America, offering a diverse range of products including valves, fire hydrants, and metering solutions. They focus on helping municipalities enhance operational efficiency and customer service while optimizing capital investments. For more information, interested parties are encouraged to visit their website.
Potential Positives
- The declaration of a quarterly dividend of $0.067 per share demonstrates the company's commitment to returning value to its shareholders.
- The dividend payout reflects the company's financial health and stability, indicating confidence in future performance.
- The announcement may attract income-focused investors looking for reliable dividend-paying stocks.
Potential Negatives
- The declared quarterly dividend of $0.067 per share may indicate limited cash flow, suggesting potential financial constraints that could raise concerns among investors.
- The timing of the dividend payment, coming just after the end of a fiscal year, could imply weaker-than-expected financial performance, making stakeholders wary about the company's profitability.
- Failure to provide additional financial context or performance metrics might lead to uncertainty regarding the company's growth trajectory and overall market competitiveness.
FAQ
What is the dividend declared by Mueller Water Products?
Mueller Water Products declared a quarterly dividend of $0.067 per share.
When will the dividend be paid to stockholders?
The dividend will be payable on or about February 21, 2025.
What is the record date for stockholders to receive the dividend?
The record date for stockholders is February 10, 2025, at the close of business.
What products does Mueller Water Products manufacture?
Mueller Water Products manufactures valves, fire hydrants, metering products, and software for water management.
How can I learn more about Mueller Water Products?
For more information, visit Mueller Water Products' official website at www.muellerwaterproducts.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MWA Insider Trading Activity
$MWA insiders have traded $MWA stock on the open market 14 times in the past 6 months. Of those trades, 3 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $MWA stock by insiders over the last 6 months:
- J SCOTT HALL has made 0 purchases and 4 sales selling 377,858 shares for an estimated $7,520,756.
- STEVEN S HEINRICHS (EVP, CFO, CLO and CCO) sold 86,399 shares for an estimated $2,167,794
- TODD P HELMS (SVP and CHRO) has made 0 purchases and 2 sales selling 61,504 shares for an estimated $1,577,592.
- SUZANNE G SMITH (VP and CAO) sold 26,138 shares for an estimated $653,306
- LYDIA W THOMAS sold 10,791 shares for an estimated $263,287
- THOMAS J HANSEN sold 10,791 shares for an estimated $221,800
- CHRISTINE ORTIZ sold 8,800 shares for an estimated $175,479
- BRIAN C. HEALY has made 3 purchases buying 3,490 shares for an estimated $74,628 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MWA Hedge Fund Activity
We have seen 161 institutional investors add shares of $MWA stock to their portfolio, and 141 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NUANCE INVESTMENTS, LLC removed 3,375,069 shares (-64.8%) from their portfolio in Q3 2024, for an estimated $73,238,997
- FULLER & THALER ASSET MANAGEMENT, INC. added 3,028,965 shares (+inf%) to their portfolio in Q3 2024, for an estimated $65,728,540
- VICTORY CAPITAL MANAGEMENT INC removed 2,478,507 shares (-83.7%) from their portfolio in Q3 2024, for an estimated $53,783,601
- AMERIPRISE FINANCIAL INC added 1,366,463 shares (+314.9%) to their portfolio in Q3 2024, for an estimated $29,652,247
- ALLIANZ ASSET MANAGEMENT GMBH added 981,966 shares (+inf%) to their portfolio in Q3 2024, for an estimated $21,308,662
- AMERICAN CENTURY COMPANIES INC added 880,066 shares (+197.3%) to their portfolio in Q3 2024, for an estimated $19,097,432
- GOLDMAN SACHS GROUP INC removed 842,783 shares (-39.3%) from their portfolio in Q3 2024, for an estimated $18,288,391
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ATLANTA, Jan. 23, 2025 (GLOBE NEWSWIRE) --
Mueller Water Products, Inc
. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of $0.067 per share, payable on or about February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.
About Mueller Water Products, Inc
.
Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America. Our broad portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software that provides critical water system data. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at
www.muellerwaterproducts.com
.
Mueller refers to one or more of Mueller Water Products, Inc. (MWP), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other.
Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com
Media Contact: Jenny Barabas
470-806-5771
jbarabas@muellerwp.com
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
