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Mueller Industries (Mueller Industries) 3-Year Dividend Growth Rate

: 44.20% (As of Dec. 2023)
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Mueller Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.15.

The historical rank and industry rank for Mueller Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

MLI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2   Med: 10.1   Max: 44.2
Current: 44.2

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.

MLI's 3-Year Dividend Growth Rate is ranked better than
88.59% of 1096 companies
in the Industrial Products industry
Industry Median: 11.15 vs MLI: 44.20

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Mueller Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18. As of today, Mueller Industries's Dividend Yield % is 1.21%.

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


Competitive Comparison

For the Metal Fabrication subindustry, Mueller Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Mueller Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mueller Industries's 3-Year Dividend Growth Rate falls into.



Mueller Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mueller Industries  (NYSE:MLI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mueller Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-06-012023-06-022023-06-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mueller Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.65/52.28
=1.24 %

Current Share Price is $52.28.
Mueller Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.65.

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

* 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.


Mueller Industries 3-Year Dividend Growth Rate Related Terms>


Mueller Industries (Mueller Industries) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
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

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