Mueller Industries, Inc.

Mueller Industries, Inc.

MLIยทNYSE

$131.35

+0.60%
IndustrialsManufacturing - Metal Fabrication

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.

At a Glance

Live Snapshot
Market Cap$14.52B
EPS6.9900
P/E Ratio18.79
Earnings Date07/21/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
15.92%
Dividend Payout Ratio
-10%
3Y+70.0%
5Y+19.0%
10Y-27.0%
3Y+128.0%
5Y+162.0%
10Y+571.0%
Mueller Industries, Inc.

Mueller Industries, Inc. Dividend History

MLI ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MLI Dividend Payment History

MLI ยท NYSE

Total Payments

50

Latest Dividend

$0.3500

Annual Amount

$1.4500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 8, 2026
Jun 5, 2026Jun 19, 2026
$0.3500
$0.3500
Quarterly0.00%
Feb 19, 2026
Mar 13, 2026Mar 27, 2026
$0.3500
$0.3500
Quarterly+40.00%
Nov 7, 2025
Dec 5, 2025Dec 19, 2025
$0.2500
$0.2500
Quarterly0.00%
Jul 31, 2025
Sep 5, 2025Sep 19, 2025
$0.2500
$0.2500
Quarterly0.00%
May 9, 2025
Jun 6, 2025Jun 20, 2025
$0.2500
$0.2500
Quarterly0.00%
Feb 21, 2025
Mar 14, 2025Mar 28, 2025
$0.2500
$0.2500
Quarterly+25.00%
Nov 8, 2024
Dec 6, 2024Dec 20, 2024
$0.2000
$0.2000
Quarterly0.00%
Aug 1, 2024
Sep 6, 2024Sep 20, 2024
$0.2000
$0.2000
Quarterly0.00%
May 10, 2024
Jun 7, 2024Jun 21, 2024
$0.2000
$0.2000
Quarterly0.00%
Feb 23, 2024
Mar 15, 2024Mar 29, 2024
$0.2000
$0.2000
Quarterly+33.33%
Nov 3, 2023
Dec 1, 2023Dec 15, 2023
$0.1500
$0.1500
Quarterly0.00%
Jul 28, 2023
Sep 1, 2023Sep 15, 2023
$0.3000
$0.1500
Quarterly0.00%
May 5, 2023
Jun 2, 2023Jun 16, 2023
$0.3000
$0.1500
Quarterly0.00%
Feb 21, 2023
Mar 17, 2023Mar 31, 2023
$0.3000
$0.1500
Quarterly+20.00%
Nov 4, 2022
Dec 2, 2022Dec 16, 2022
$0.2500
$0.1250
Quarterly0.00%
Jul 29, 2022
Sep 2, 2022Sep 16, 2022
$0.2500
$0.1250
Quarterly0.00%
May 5, 2022
Jun 3, 2022Jun 17, 2022
$0.2500
$0.1250
Quarterly0.00%
Feb 18, 2022
Mar 18, 2022Apr 1, 2022
$0.2500
$0.1250
Quarterly+92.31%
Nov 10, 2021
Dec 3, 2021Dec 17, 2021
$0.1300
$0.0650
Quarterly0.00%
Jul 29, 2021
Sep 3, 2021Sep 17, 2021
$0.1300
$0.0650
Quarterly0.00%
May 7, 2021
Jun 4, 2021Jun 18, 2021
$0.1300
$0.0650
Quarterly0.00%
Feb 22, 2021
Mar 19, 2021Apr 2, 2021
$0.1300
$0.0650
Quarterly+30.00%
Nov 6, 2020
Dec 4, 2020Dec 18, 2020
$0.1000
$0.0500
Quarterly0.00%
Jul 31, 2020
Sep 4, 2020Sep 18, 2020
$0.1000
$0.0500
Quarterly0.00%
May 7, 2020
Jun 5, 2020Jun 19, 2020
$0.1000
$0.0500
Quarterly0.00%
Feb 21, 2020
Mar 20, 2020Apr 3, 2020
$0.1000
$0.0500
Quarterly0.00%
Nov 8, 2019
Dec 6, 2019Dec 20, 2019
$0.1000
$0.0500
Quarterly0.00%
Aug 1, 2019
Sep 6, 2019Sep 20, 2019
$0.1000
$0.0500
Quarterly0.00%
May 3, 2019
Jun 7, 2019Jun 21, 2019
$0.1000
$0.0500
Quarterly0.00%
Feb 25, 2019
Mar 15, 2019Mar 29, 2019
$0.1000
$0.0500
Quarterly0.00%
Nov 9, 2018
Dec 7, 2018Dec 21, 2018
$0.1000
$0.0500
Quarterly0.00%
Aug 6, 2018
Sep 7, 2018Sep 21, 2018
$0.1000
$0.0500
Quarterly0.00%
May 4, 2018
Jun 1, 2018Jun 15, 2018
$0.1000
$0.0500
Quarterly0.00%
Feb 26, 2018
Mar 16, 2018Mar 29, 2018
$0.1000
$0.0500
Quarterly0.00%
Nov 10, 2017
Dec 1, 2017Dec 22, 2017
$0.1000
$0.0500
Quarterly0.00%
Aug 11, 2017
Sep 5, 2017Sep 22, 2017
$0.1000
$0.0500
Quarterly0.00%
May 5, 2017
Jun 2, 2017Jun 16, 2017
$0.1000
$0.0500
Quarterly0.00%
Feb 21, 2017
Mar 7, 2017Mar 21, 2017
$0.1000
$0.0500
Quarterly0.00%
Nov 14, 2016
Dec 2, 2016Dec 19, 2016
$0.1000
$0.0500
Quarterly0.00%
Aug 12, 2016
Sep 2, 2016Sep 19, 2016
$0.1000
$0.0500
Quarterly0.00%
May 6, 2016
Jun 1, 2016Jun 15, 2016
$0.1000
$0.0500
Quarterly+31.58%
Feb 18, 2016
Mar 4, 2016Mar 18, 2016
$0.0750
$0.0380
Quarterly0.00%
Nov 6, 2015
Nov 30, 2015Dec 14, 2015
$0.0750
$0.0380
Quarterly0.00%
Jul 30, 2015
Sep 4, 2015Sep 18, 2015
$0.0750
$0.0380
Quarterly0.00%
May 8, 2015
Jun 1, 2015Jun 15, 2015
$0.0750
$0.0380
Quarterly0.00%
Feb 24, 2015
Mar 2, 2015Mar 13, 2015
$0.0750
$0.0380
Quarterly0.00%
Nov 11, 2014
Dec 1, 2014Dec 15, 2014
$0.0750
$0.0380
Quarterly0.00%
Aug 4, 2014
Sep 5, 2014Sep 19, 2014
$0.0750
$0.0380
Quarterly0.00%
May 5, 2014
Jun 2, 2014Jun 16, 2014
$0.0750
$0.0380
Quarterly0.00%
Feb 24, 2014
Mar 3, 2014Mar 14, 2014
$0.1500
$0.0380
Quarterly-
mli

Mueller Industries, Inc. Payout Ratio Analysis

MLI ยท NYSE
Dividends Paid
-109.05M
2025
Net Income
765.19M
2025
Payout Ratio
14.25%
2025

Dividend Sustainability Analysis

Payout Ratio
14.25%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
15.9%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-22.4%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.