SmarterDividends
MLI

Mueller Industries, Inc.

MLI

Industrials · Stock · monthly payer

$58.97

Fairly valued · +7% Add to Portfolio

Forward Yield

1.18%

Annual Dividend

$0.70

Payout Ratio

14%

5-Yr Growth

38.0%

Ex-Date

Jun 5, 2026

Frequency

Monthly

Summary

As of July 2026, Mueller Industries, Inc. (MLI) yields 1.18% ($0.70 per share annually), with a blended fair-value estimate of $63.30 — +7% upside, so it screens as fairly valued. Dividend safety grade: B (74/100). 5 years of dividend growth.

Is MLI a good dividend stock?

Yes, with caveats

Mueller Industries, Inc. (MLI) pays a monthly dividend yielding 1.18% ($0.70/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (14%)
  • Strong 38.0% 5-yr dividend growth
  • 430% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
1.18%
Payout Ratio
14%
Annual Dividend
$0.70
5-Yr Avg Growth
38.0%
Ex-Dividend Date
Jun 5, 2026
Years of Growth
5
Frequency
monthly
Beta
1.12
Market Cap
$13.0B
P/E Ratio
15.5
5-Yr Total Return
430%
52-Week Range
$41.18 – $70.95
Dividend Safety
B · 74/100
Ever Cut?
Yes (2016)
MLI ex-dividend date & scheduleNext ex-date Jun 5, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.70 / yr per share

Per payment (monthly)$5.83
Annual$70.00
Monthly avg$5.83