MLI - Dividend announcements

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a two-for-one forward stock split. The Board of Directors also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. As a result of the stock split, which will be effected through an amendment to the Company's Restated Certificate of Incorporation, each stockholder of record as of the close of trading on June 25, 2026 (the "record date") will receive one additional share for every share held as of the record date. The additional share is expected to be distributed after the close of trading on June 30, 2026, and trading is expected to be

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 35 cents per share. The dividend will be payable June 19, 2026 to shareholders of record on June 5, 2026. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may

Mueller Industries, Inc. (NYSE:MLI) announces results for the first quarter of 2026. Comparisons are to the first quarter of 2025. Net Sales increased to $1.19 billion versus $1.00 billion. Net Income increased to $239.0 million versus $157.4 million. Operating Income increased to $312.2 million versus $206.3 million. Diluted EPS increased to $2.16 versus $1.39. Dividends per share increased to $.35 versus $.25. First Quarter Financial and Operating Highlights: COMEX copper averaged $5.80 per pound during the quarter, a 26.8 percent increase. Improved sales in our industrial, electrical, commercial and mechanical markets, combined with higher selling prices stemming

For the sixth consecutive year, Mueller Industries, Inc. (NYSE:MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.35 per share, to be paid on March 27, 2026 to stockholders of record as of the close of business on March 13, 2026. This represents a 40 percent increase over the 2025 quarterly dividend. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of compa

Mueller Industries, Inc. (NYSE:MLI) today reported fourth quarter and full year results for 2025. For the Fourth Quarter 2025 versus Fourth Quarter 2024: Net sales: $962.4 million vs. $923.5 million, up 4.2%. Operating income: $172.0 million vs. $170.3 million, up 1.0%. Net income: $153.7 million vs. $137.7 million, up 11.6%. Diluted EPS: $1.38 vs. $1.21, up 14.0%. For the Full Year 2025 versus the Full Year 2024: Net sales: $4.2 billion vs. $3.8 billion, up 10.5%. Operating income: $958.5 million vs. $770.4 million, up 24.4%. Net income: $765.2 million vs. $604.9 million, up 26.5%. Diluted EPS: $6.86 vs. $5.31, up 29.2%. Financial and Operating Commentary fo

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable December 19, 2025 to shareholders of record on December 5, 2025. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historic

Mueller Industries, Inc. (NYSE:MLI) announces results for the third quarter of 2025. Comparisons are to the third quarter of 2024. Net Income of $208.1 million versus $168.7 million Operating Income of $276.1 million versus $206.7 million Net Sales of $1.08 billion versus $997.8 million Diluted EPS of $1.88 versus $1.48 Third Quarter Financial and Operating Highlights: COMEX copper averaged $4.83 per pound during the quarter, which represents a 14.3 percent increase over the prior period. The quarter over quarter increase in net sales was primarily attributable to higher selling prices related to a rise in raw material costs, as well as improved sales performance in cer

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable September 19, 2025 to shareholders of record on September 5, 2025. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly hist

Mueller Industries, Inc. (NYSE:MLI) announces results for the second quarter of 2025. Comparisons are to the second quarter of 2024. Net Income of $245.9 million versus $160.2 million Operating Income of $304.2 million versus $210.0 million Net Sales of $1.14 billion versus $997.7 million Diluted EPS of $2.22 versus $1.41 The results above include a $36.3 million gain ($28.1 million net of tax) in connection with an insurance claim related to the March 2023 tornado that impacted our operations in Covington, Tennessee. To date since the event, $50.0 million of insurance proceeds have been received, including $15.0 million received in 2025. The claim is not yet fully settled, a

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable June 20, 2025 to shareholders of record on June 6, 2025. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be "f

Mueller Industries, Inc. (NYSE:MLI) announces results for the first quarter of 2025. Comparisons are to the first quarter of 2024. Net Income of $157.4 million versus $138.4 million Operating Income of $206.3 million versus $183.4 million Net Sales of $1.0 billion versus $849.7 million Diluted EPS of $1.39 versus $1.21 First Quarter Financial and Operating Highlights: COMEX copper averaged $4.57 per pound during the quarter, 18.4% higher than the average price of $3.86 per pound during the first quarter of 2024. The increase in net sales was attributable to the inclusion of sales from two recently acquired businesses, and to higher selling prices related to the rise in raw mat

For the fifth consecutive year, Mueller Industries, Inc. (NYSE:MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.25 per share, to be paid on March 28, 2025 to stockholders of record as of the close of business on March 14, 2025. This represents a 25 percent increase over the 2024 quarterly dividend. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies a

Mueller Industries, Inc. (NYSE:MLI) today reported 2024 fourth quarter and full year results. For the Fourth Quarter 2024 versus Fourth Quarter 2023: • Net sales: $923.5 million vs. $732.4 million, up 26.1%. • Operating income: $170.3 million vs. $135.2 million, up 26.0%. • Net income: $137.7 million vs. $119.2 million, up 15.4%. • Diluted EPS: $1.21 vs. $1.05, up 15.2%. For the Full Year 2024 versus the Full Year 2023: • Net sales: $3.8 billion vs. $3.4 billion, up 10.2%. • Operating income: $770.4 million vs. $756.1 million, up 1.9%. • Net income: $604.9 million vs. $602.9 mil

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 20 cents per share. The dividend will be paid on December 20, 2024 to shareholders of record on December 6, 2024. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be "for

Mueller Industries, Inc. (NYSE:MLI) announces results for the third quarter of 2024. Comparisons are to the third quarter of 2023. Net Sales of $997.8 million versus $819.8 million Operating Income of $206.7 million versus $181.0 million Earnings Before Taxes of $217.8 million versus $189.0 million Net Income of $168.7 million versus $132.7 million Diluted EPS of $1.48 versus $1.171 Third Quarter Financial and Operating Highlights: COMEX copper averaged $4.23 per pound during the quarter, 12.0% higher than in the third quarter of 2023. The increase in net sales was attributable to the inclusion of $102.4 million of sales from recently acquired businesses, as well as the high

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 20 cents per share. The dividend will be paid on September 20, 2024 to shareholders of record on September 6, 2024. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be

Mueller Industries, Inc. (NYSE:MLI) announces results for the second quarter of 2024. Comparisons are to the second quarter of 2023. Net Sales of $997.7 million versus $897.0 million Operating Income of $210.0 million versus $210.7 million Earnings Before Taxes of $222.9 million versus $241.0 million Net Income of $160.2 million versus $177.7 million Diluted EPS of $1.41 versus $1.561 Second Quarter Financial and Operating Highlights: COMEX copper averaged $4.55 per pound during the quarter, 18.4% higher than in the second quarter of 2023. The increase in net sales was attributable to higher unit shipments in most of our businesses, price increases tied to higher cop

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 20 cents per share. The dividend will be payable June 21, 2024 to shareholders of record on June 7, 2024. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be

Mueller Industries, Inc. (NYSE:MLI) announces results for the first quarter of 2024. Comparisons are to the first quarter of 2023. Net Income of $138.4 million versus $173.2 million Earnings Before Taxes of $201.6 million versus $237.4 million Net Sales of $849.7 million versus $971.2 million Diluted EPS* of $1.21 versus $1.54 (*adjusted retroactively to reflect the two-for-one stock split that took effect on October 20, 2023) First Quarter Financial and Operating Highlights: COMEX copper averaged $3.86 per pound during the quarter, 5.6% lower than in the first quarter of 2023. The decrease in net sales was attributable to lower demand for our products that are primar

For the fourth consecutive year, Mueller Industries, Inc. (NYSE:MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.20 per share, to be paid on March 29, 2024 to stockholders of record as of the close of business on March 15, 2024. This represents a 33 percent increase over the 2023 quarterly dividend. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companie

Mueller Industries, Inc. (NYSE:MLI) today reported 2023 fourth quarter and full year results. For the Fourth Quarter 2023 versus Fourth Quarter 2022: • Net income:   $119.2 million vs $138.9 million, down 14.2%. • Earnings before taxes:   $177.9 million vs $185.9 million, down 4.3%. • Net sales:   $732.4 million vs $877.6 million, down 16.5%. • Diluted EPS:   $1.05 vs $1.23, down 14.6%. For the Full Year 2023 versus the Full Year 2022: • Net income:   $602.9 million vs $658.3 million, down 8.4%. • Earnings before taxes:   $845.2 million vs $876.0 million, down 3.5%.

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 15 cents per share. The dividend will be payable December 15, 2023 to shareholders of record on December 1, 2023. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical

Mueller Industries, Inc. (NYSE:MLI) announces results for the third quarter of 2023. Comparisons are to the third quarter of 2022. Operating Income of $181.0 million versus $205.2 million Net Income of $132.7 million versus $154.5 million Diluted EPS* of $1.17 versus $1.37 Net Sales of $819.8 million versus $944.8 million (*adjusted retroactively to reflect the two-for-one stock split that took effect on October 20, 2023) Third Quarter Financial and Operating Highlights: The decrease in net sales was primarily attributable to reduced demand in our wholesale channel as distributors continued to rebalance inventory levels, particularly for products utilized in residential

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a two-for-one stock split to be effected in the form of a 100 percent stock dividend. Stockholders of record on October 6, 2023 will receive one additional share of common stock for each share of the Company's common stock held on that date. The distribution date for the stock split, or the date on which new shares will be distributed from the Company's transfer agent, Equiniti Trust Company, LLC, will be October 20, 2023. Following the stock split, the Company's outstanding common shares will increase to approximately 113.5 million shares. Mueller Industries, Inc. (NYSE:MLI) is an industrial corp

Mueller Industries, Inc. (NYSE:MLI) today announced that is has filed a preliminary proxy statement with the Securities and Exchange Commission for a special meeting of shareholders to approve an amendment to the Company's Restated Certificate of Incorporation to increase the total number of its authorized shares of Common Stock from 100,000,000 shares to 250,000,000 shares. The primary purpose of the charter amendment is to facilitate a stock split of the Common Stock in the form of a stock dividend. Assuming the charter amendment is approved at the Special Meeting, the decision by the Board of Directors whether to approve a stock split following the Special Meeting, including the size o

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 30 cents per share. The dividend will be payable September 15, 2023 to shareholders of record on September 1, 2023. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historic

Mueller Industries, Inc. (NYSE:MLI) announces results for the second quarter of 2023. Comparisons are to the second quarter of 2022, which, for context, yielded the highest quarterly earnings on record and a 70 percent increase in operating income over the same period in 2021. Operating Income of $210.7 million versus $268.9 million Net Income of $177.7 million versus $206.6 million Diluted EPS of $3.12 versus $3.65 Net Sales of $897.0 million versus $1.15 billion Second Quarter Financial and Operating Highlights: The decrease in net sales was primarily attributable to the normalization of demand across our three segments. In addition, lower COMEX copper prices, which were

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 30 cents per share. The dividend will be payable June 16, 2023 to shareholders of record on June 2, 2023. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be

Mueller Industries, Inc. (NYSE:MLI) announces results for the first quarter of 2023. Results as compared with the first quarter of 2022 include: Operating Income of $229.1 million versus $212.7 million, an increase of 7.7%. Net Income of $173.2 million versus $158.3 million, an increase of 9.4%. EPS of $3.07 versus $2.78, an increase of 10.4%. Net Sales of $971.2 million versus $1.01 billion, a decrease of 3.8%. First Quarter Highlights: The decrease in net sales was due to lower copper prices along with lower unit volume in our international mill businesses, partially offset by increased net sales in our downstream businesses that have a higher value add content. COMEX co

For the third consecutive year, Mueller Industries, Inc. (NYSE:MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.30 per share, to be paid on March 31, 2023 to stockholders of record as of the close of business on March 17, 2023. This represents a 20 percent increase over the 2022 quarterly dividend. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies a

Mueller Industries, Inc. (NYSE:MLI) today reported 2022 fourth quarter and full year results. For the Fourth Quarter 2022 versus Fourth Quarter 2021: Operating income: $190.4 million vs $172.1 million, up 10.6%. Net sales: $877.6 million vs $956.4 million, down 8.2%. Net income: $138.9 million vs $125.6 million, up 10.6%. Diluted EPS: $2.46 vs $2.21, up 11.3%. For the Full Year 2022 versus the Full Year 2021: Operating income: $877.1 million vs $655.8 million, up 33.7%. Net sales: $4.0 billion vs $3.8 billion, up 5.7%. Net income: $658.3 million vs $468.5 million, up 40.5%. Diluted EPS: $11.64 vs $8.25, up 41.1%. Fourth Quarter Financial and Operating Commentary The a

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable December 16, 2022 to shareholders of record on December 2, 2022. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical m

Mueller Industries, Inc. (NYSE:MLI) announces results for the third quarter of 2022. All comparisons are to the prior year quarter (which included a $54.8 million pre-tax gain from divestitures). Operating Income of $205.2 million versus $233.4 million. Adjusting for the aforementioned gain, this reflects a 15 percent increase versus the prior year period. Net Income of $154.5 million versus $171.0 million EPS of $2.74 versus $3.01 Net Sales of $944.8 million versus $982.2 million Third Quarter Financial and Operating Highlights: The absence of businesses divested in 2021, combined with lower copper prices, reduced volumes due largely to inventory rebalancing, and the impacts of

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable September 16, 2022 to shareholders of record on September 2, 2022. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical

Mueller Industries, Inc. (NYSE:MLI) announces results for the second quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $268.9 million versus $157.8 million Net Income of $206.6 million versus $108.8 million EPS of $3.65 versus $1.92 Net Sales of $1.15 billion versus $1.01 billion Second Quarter Financial and Operating Highlights: The 13.6 percent increase in net sales was driven by strong growth in our value added businesses, combined with higher selling prices across all businesses. COMEX copper averaged $4.34 per pound during the quarter, two percent lower than the second quarter of 2021. Our Industrials Metals group volume, measured in

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 25 cents per share. The dividend will be payable June 17, 2022 to shareholders of record on June 3, 2022. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be "f

Mueller Industries, Inc. (NYSE:MLI) announces results for the first quarter of 2022. (All comparisons are to the prior year quarter.) Operating Income of $212.7 million versus $92.5 million Net Income of $158.3 million versus $63.1 million EPS of $2.78 versus $1.11 Net Sales of $1.01 billion versus $818.1 million First Quarter Financial and Operating Highlights: Higher commodity prices, which are passed through in the selling prices of our products, were the primary reason for the increase in net sales, along with volume growth from recently acquired businesses. COMEX copper averaged $4.54 per pound during the quarter, 18 percent higher than the first quarter of 2021. Gross

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend. The company is raising the quarterly dividend to $.25 per share payable on April 1, 2022 to stockholders of record as of the close of business on March 18, 2022. This represents a 92 percent increase over the 2021 quarterly dividend. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America

Mueller Industries, Inc. (NYSE:MLI) today reported 2021 fourth quarter and full year results. Fourth Quarter metrics: Operating income was $172.1 million, up 165%. Net sales were $956.4 million, up 42%. Net income was $125.6 million versus $36.4 million. Diluted EPS was $2.21 versus $0.64. Cash provided by operations was $130.2 million. Full Year metrics: Operating income was $655.8 million, up 167%. Net sales were $3.8 billion, up 57%. Net income was $468.5 million versus $139.5 million. Diluted EPS was $8.25 versus $2.47. Cash provided by operations was $311.7 million. *Comparisons to prior year periods Quarter Commentary The average price of copper was 34.3 pe

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable December 17, 2021 to shareholders of record on December 3, 2021. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical m

Mueller Industries, Inc. (NYSE:MLI) announces results for the third quarter of 2021. (All comparisons are to the prior year quarter.) $233.4 million in operating income versus $69.2 million $171.0 million in net income versus $42.7 million $982.2 million in net sales versus $619.1 million EPS of $3.01 versus $0.76 per share Third Quarter Financial and Operating Highlights: COMEX copper averaged $4.30 per pound versus $2.93 per pound in the third quarter of last year, a 47% increase. Unit sales growth across all segments, the influence of the higher copper prices and contributions from the first quarter acquisition of the Hart & Cooley Flex duct business all contributed to the

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable September 17, 2021 to shareholders of record on September 3, 2021. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historica

Mueller Industries, Inc. (NYSE:MLI) announces 2021 second quarter results. (All comparisons are to the prior year quarter.) Operating income of $157.8 million versus $52.3 million Net income of $108.8 million versus $28.0 million Net sales of $1.01 billion versus $500.2 million EPS of $1.92 versus $0.50 per share Financial and Operating Highlights: Average COMEX copper for the second quarter was $4.43 per pound, an 82 percent increase over the second quarter of last year. The increase in net sales was attributable to unit sales growth across all segments, contributions from 2020 acquisitions, and the influence of higher copper prices. During the quarter, we retired our Subo

Mueller Industries, Inc. (NYSE:MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable June 18, 2021 to shareholders of record on June 4, 2021. Mueller Industries, Inc. (NYSE:MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmission; medical; aerospace; and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East. Statements in this release that are not strictly historical may be "

Mueller Industries, Inc. (NYSE:MLI) announces 2021 first quarter results. (All comparisons are to the prior year quarter.) Operating income of $92.5 million versus $59.3 million Net income of $63.1 million versus $32.4 million Net sales of $818.1 million versus $602.9 million EPS of $1.11 versus $0.57 per share Financial and Operating Highlights: Average COMEX copper for the first quarter was $3.86 per pound, a 50 percent increase over the first quarter of last year. The increase in net sales was attributable to unit sales growth across most of our businesses, recent acquisitions and the influence of the higher copper prices. The price of copper is largely passed through and

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 13 cents per share. The dividend will be payable April 2, 2021, to shareholders of record on March 19, 2021. In addition, the Board also authorized the full redemption of the Company’s Subordinated Debentures due 2027 pursuant to the terms of the underlying indenture. The Company expects to issue a notice of full redemption to the holders of the Debentures on or about February 25, 2021. The redemption of the Debentures, which incur a 6% annual interest rate, will be funded with cash on hand and

COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today reported 2020 fourth quarter and full year results. Fourth Quarter: Operating income of $65.0 million versus $44.4 million Net sales of $675.9 million versus $543.8 million Net income of $36.4 million versus $28.2 million EPS of $0.64 versus $0.50 Full Year: Operating income of $245.8 million versus $191.4 million Adjusted operating income of $227.5 million versus $191.4 million (adjustments include $3.8 million for asset impairments and a $22.1 million gain for the Deepwater Horizon settlement) Net sales of $2.4 billion versus $2.4 billion Net income of $139.5 million versus $101.0 m