SmarterDividends
MWA

Mueller Water Products, Inc.

MWA

Industrials · Stock · quarterly payer

Forward Yield

1.10%

Annual Dividend

$0.28

Payout Ratio

21%

5-Yr Growth

4.8%

Ex-Date

May 11, 2026

Frequency

Quarterly

MWA Dividend Safety Score

93/ 100
Grade A

Very Safe

Dividend-growth streak18 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage21% of earnings paid out
Free-cash-flow coverage44% of free cash flow
Balance-sheet strengthDebt/equity of 0.42
Yield vs its historyYield in line with its history

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

Is MWA a good dividend stock?

Yes

Mueller Water Products, Inc. (MWA) pays a quarterly dividend yielding 1.10% ($0.28/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 19 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (21%)
  • 75% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.10%
Payout Ratio
21%
Annual Dividend
$0.28
5-Yr Avg Growth
4.8%
Ex-Dividend Date
May 11, 2026
Years of Growth
19
Frequency
quarterly
Beta
1.03
Market Cap
$3.9B
P/E Ratio
19.0
5-Yr Total Return
75%
52-Week Range
$22.74 – $31.00
Dividend Safety
A · 93/100
Ever Cut?
No
MWA ex-dividend date & scheduleNext ex-date May 11, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.28 / yr per share

Per payment (quarterly)$7.00
Annual$28.00
Monthly avg$2.33