Mueller Industries (Mueller Industries) Dividend Payout Ratio

: 0.18 (As of Dec. 2023)

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Mueller Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.18.

The historical rank and industry rank for Mueller Industries's Dividend Payout Ratio or its related term are showing as below:

MLI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.19 Max: 0.27
Current: 0.12

During the past 13 years, the highest Dividend Payout Ratio of Mueller Industries was 0.27. The lowest was 0.07. And the median was 0.19.

MLI's Dividend Payout Ratio is ranked better than
86.81% of 1676 companies
in the Industrial Products industry
Industry Median: 0.32 vs MLI: 0.12

As of today (2024-04-16), the Dividend Yield % of Mueller Industries is 1.27%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mueller Industries was 2.07%. The lowest was 0.78%. And the median was 1.16%.

Mueller Industries's Dividends per Share for the months ended in Dec. 2023 was $0.15.

During the past 12 months, Mueller Industries's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mueller Industries was 44.20% per year. The lowest was 2.00% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Mueller Industries Dividend Payout Ratio Historical Data

The historical data trend for Mueller Industries's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mueller Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.23

0.16

0.07

0.09

0.12

Mueller Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.10	0.10	0.12	0.13	0.18

Competitive Comparison

For the Metal Fabrication subindustry, Mueller Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mueller Industries Dividend Payout Ratio Distribution

For the Industrial Products industry and Industrials sector, Mueller Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mueller Industries's Dividend Payout Ratio falls into.

Mueller Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mueller Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.6	/	4.866
	=	0.12

Mueller Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.15	/	0.851
	=	0.18

Mueller Industries (NYSE:MLI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mueller Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mueller Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mueller Industries (Mueller Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Industries Inc (NYSE:MLI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MUD:Germany

Address

150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017

Website

https://www.muellerindustries.com

Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

Executives

Steffen Sigloch	officer: VP, Mfg and Engineering	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
John B Hansen	officer: President, Mfg Operations	8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Gregory L. Christopher	officer: President - Standard Products	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Scott Jay Goldman	director	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Herzog Charles P Jr	director	9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139
William C. Drummond	director	1395 BRICKELL AVENUE, MIAMI FL 33131
Gary S Gladstein	director	SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106
Anthony Steinriede	officer: VP - Corporate Controller	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gary Westermeyer	officer: President, Refrigeration	8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gennaro J Fulvio	director
Kristee Michelle Ford	officer: Chief Information Officer	581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017
Paul J Flaherty	director	C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Devin Malone	officer: President, Streamline	2321 WICKERSHAM CV, GERMANTOWN TN 38139
Christopher Andrew Mitchell	officer: President, Canadian Operations	198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8
Elizabeth M Donovan	director	400 E OHIO STREET, CHICAGO IL 60611