Mueller Industries, Inc.
MLIIndustrials · Stock · quarterly payer
Forward Yield
1.17%
Annual Dividend
$0.70
Payout Ratio
16%
5-Yr Growth
38.0%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Mueller Industries, Inc. (MLI) yields 1.17% ($0.70 per share annually), with a blended fair-value estimate of $59.19 — -1% downside, so it screens as fairly valued. Dividend safety grade: C (58/100). 5 years of dividend growth.
Is MLI a good dividend stock?
Yes, with caveatsMueller Industries, Inc. (MLI) pays a quarterly dividend yielding 1.17% ($0.70/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (16%)
- Strong 38.0% 5-yr dividend growth
- 356% total price return over 5 years
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 1.17%
- Payout Ratio
- 16%
- Annual Dividend
- $0.70
- 5-Yr Avg Growth
- 38.0%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.11
- Market Cap
- $13.3B
- P/E Ratio
- 15.6
- 5-Yr Total Return
- 356%
- 52-Week Range
- $48.27 – $71.12
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
MLI Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
+219%
5 Years
+356%
52-Week Range
$48.27 – $71.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MLI worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Mueller Industries, Inc. is $59.19 per share, versus a market price of $60.07. That implies the stock is roughly fairly priced.
Fair Value
$59.19
Current Price
$60.07
Gap
-1%
Margin of Safety
-1%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 10.0% annual free-cash-flow growth. We model 6.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.8% discount rate (CAPM), 6.0% stage-1 growth, 2.5% terminal growth, $3.84 EPS, $0.70 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MLI Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MLI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 4, 2026 | — | $0.1750 | regular |
| Jun 5, 2026 | — | $0.3500 | regular |
| Mar 13, 2026 | — | $0.3500 | regular |
| Dec 5, 2025 | — | $0.2500 | regular |
| Sep 5, 2025 | — | $0.2500 | regular |
| Jun 6, 2025 | — | $0.2500 | regular |
| Mar 14, 2025 | — | $0.2500 | regular |
| Dec 6, 2024 | — | $0.2000 | regular |
| Sep 6, 2024 | — | $0.2000 | regular |
| Jun 7, 2024 | — | $0.2000 | regular |
| Mar 14, 2024 | — | $0.2000 | regular |
| Nov 30, 2023 | — | $0.1500 | regular |
| Aug 31, 2023 | — | $0.1500 | regular |
| Jun 1, 2023 | — | $0.1500 | regular |
Income Calculator
At $0.70 / yr per share
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