Mueller Water Products Supports Customers through Tough Times, Supporting Shareholders through Changes
Portfolio Pulse from Benzinga Insights
Mueller Water Products (NYSE:MWA) is distributing a dividend payout of $0.06 per share, demonstrating an annualized dividend yield of 1.53%. The company has seen a growth in its dividend per share from $0.21 to $0.23 from 2019 to 2022, but a decrease in earnings per share from $0.62 to $0.57. Kennametal (NYSE:KMT) has the highest annualized dividend yield at 3.03% among its industry peers.
August 21, 2023 | 3:05 pm
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NEUTRAL IMPACT
Mueller Water Products is distributing a dividend payout, indicating a focus on shareholder returns despite a decrease in earnings per share.
The company's decision to distribute dividends despite a decrease in earnings per share indicates a commitment to shareholder returns. However, the decrease in earnings could potentially impact future dividend payouts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Kennametal has the highest annualized dividend yield among its industry peers.
Kennametal's high annualized dividend yield could make it an attractive option for income-seeking investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50