Reported Earlier, Mueller Water Products Increased Its Quarterly Dividend By 4.7% To $0.067/Share From $0.064, Payable November 20
Portfolio Pulse from Benzinga Newsdesk
Mueller Water Products has announced a 4.7% increase in its quarterly dividend, raising it to $0.067 per share, payable on November 20, 2024, to shareholders of record by November 8, 2024.
October 23, 2024 | 6:48 am
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Mueller Water Products has increased its quarterly dividend by 4.7% to $0.067 per share, indicating a positive outlook and potential shareholder value increase.
The increase in dividend suggests that Mueller Water Products is confident in its financial stability and future cash flows, which is generally perceived positively by investors. This move can attract income-focused investors and potentially lead to a short-term increase in stock price.
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