Mueller Water Products, Inc. Increases Quarterly Dividend, Payable on or about February 21, 2017
January 09, 2017 at 06:33 am
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Mueller Water Products, Inc. announced that its Board of Directors has increased the company’s quarterly dividend by 33% to $0.04 per share of common stock and will be effective for quarterly dividends payable on or about February 21, 2017 to stockholders of record as of the close of business on February 10, 2017.
Mueller Water Products, Inc. is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company's product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. The Company operates through two segments: Water Flow Solutions and Water Management Solutions. Its Water Flow Solutions segment's portfolio includes iron gate valves, specialty valves and service brass products. Its Water Management Solutions segment's portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Its brands include Canada Valve, Centurion, Echologics, Echoshore, ePulse, Ez-Max, Hersey, Hydro Gate, Hydro-Guard, HYMAX and others.