Mueller Water Products Increases Dividend by 14.3% and Share Repurchase Program by $300M

Mueller Water Products announced its Board of Directors has approved a 14.3% increase to its quarterly cash dividend and authorized an additional $300 million for its stock repurchase program. These actions expand the company's capital return initiatives, bringing the total available for share buybacks to approximately $334.5 million.

Key Details

• Dividend Increase: The quarterly dividend was raised to $0.080 per share from $0.070, a 14.3% increase. The dividend is payable on November 19, 2026, to stockholders of record on November 9, 2026.
• Share Repurchase Authorization: The Board added $300 million to the existing stock repurchase program, effective October 22, 2026.
• Total Repurchase Capacity: Following the increase, the total amount available for repurchases under the program is approximately $334.5 million.