Mueller Water Products, Inc. (MWA) Dividend History

NYSE: MWAYield, payment dates, growth and payout ratio.

MWA latest dividend

$0.07last dividend per share
Ex-dividend dateAug 10Monday, 2026
Payment dateAug 20Thursday, 2026

The next dividend has not been announced yet.

  • 11 yearsof dividend increases
  • 2006paying since
  • Quarterly4 payments a year
  • +4.8%5-year growth a year
  • 1.29%forward yield

MWA dividend income calculator

Dividend income a year
$28
Each payment
$7
Value of the shares
$2,177
Dividend yield
1.29%

At the latest close; forward annual dividend $0.28 per share, before tax.

MWA dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MWA dividend safety

Payout ratio (earnings)17.8%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)24.4%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+4.8%
Slow growth · a year on average
Years of increases11
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MWA yield on cost

Mueller Water Products, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$25.251.11%$0.281.1%
3 years ago$12.312.27%$0.806.5%
5 years ago$16.321.72%$1.287.8%
10 years ago$12.492.24%$2.2518.1%
20 years ago$15.461.81%$3.0119.5%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MWA dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

MWA dividends by year

Mueller Water Products, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.27+4.6%1.14%4
2024$0.26+4.9%1.15%4
2023$0.25+5.1%1.72%4
2022$0.23+5.4%2.18%4
2021$0.22+4.2%1.55%4
2020$0.21+3.9%1.73%4
2019$0.21+3.0%1.72%4
2018$0.20+25.0%2.20%4
2017$0.16+45.5%1.28%4
2016$0.11+41.0%0.83%4
2015$0.08+8.3%0.91%4
2014$0.070.0%0.70%4
2013$0.070.0%0.77%4
2012$0.070.0%1.28%4
2011$0.070.0%2.95%4
2010$0.070.0%1.73%4
2009$0.070.0%1.38%4
2008$0.070.0%0.86%4
2007$0.07—0.76%4
2006$0.02—0.12%1

MWA dividend history

80 payments
Mueller Water Products, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-102026-08-20$0.07—Quarterly
2026-05-112026-05-20$0.07—Quarterly
2026-02-102026-02-20$0.07—Quarterly
2025-11-102025-11-20$0.07+4.5%Quarterly
2025-08-122025-08-21$0.067—Quarterly
2025-05-122025-05-21$0.067—Quarterly
2025-02-102025-02-21$0.067—Quarterly
2024-11-082024-11-20$0.067+4.7%Quarterly
2024-08-092024-08-20$0.064—Quarterly
2024-05-092024-05-20$0.064—Quarterly
2024-02-082024-02-20$0.064—Quarterly
2023-11-082023-11-20$0.064+4.9%Quarterly
2023-08-092023-08-21$0.061—Quarterly
2023-05-092023-05-22$0.061—Quarterly
2023-02-092023-02-21$0.061—Quarterly
2022-11-092022-11-21$0.061+5.2%Quarterly
Show all 80 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-092022-08-22$0.058—Quarterly
2022-05-092022-05-20$0.058—Quarterly
2022-02-092022-02-21$0.058—Quarterly
2021-11-092021-11-22$0.058+5.5%Quarterly
2021-08-092021-08-20$0.055—Quarterly
2021-05-072021-05-20$0.055—Quarterly
2021-02-092021-02-22$0.055—Quarterly
2020-11-092020-11-20$0.055+3.8%Quarterly
2020-08-072020-08-20$0.053—Quarterly
2020-05-082020-05-20$0.053—Quarterly
2020-02-072020-02-20$0.053—Quarterly
2019-11-072019-11-20$0.053—Quarterly
2019-08-082019-08-20$0.053+6.0%Quarterly
2019-05-092019-05-20$0.05—Quarterly
2019-02-072019-02-20$0.05—Quarterly
2018-11-082018-11-20$0.05—Quarterly
2018-08-092018-08-20$0.05—Quarterly
2018-05-092018-05-21$0.05—Quarterly
2018-02-082018-02-20$0.05+25.0%Quarterly
2017-11-092017-11-20$0.04—Quarterly
2017-08-092017-08-21$0.04—Quarterly
2017-05-082017-05-22$0.04—Quarterly
2017-02-082017-02-21$0.04+33.3%Quarterly
2016-11-082016-11-21$0.03—Quarterly
2016-08-042016-08-19$0.03—Quarterly
2016-05-062016-05-20$0.03+50.0%Quarterly
2016-02-082016-02-19$0.02—Quarterly
2015-11-062015-11-20$0.02—Quarterly
2015-08-062015-08-20$0.02—Quarterly
2015-05-062015-05-20$0.02+11.1%Quarterly
2015-02-062015-02-20$0.018—Quarterly
2014-11-062014-11-20$0.018—Quarterly
2014-08-072014-08-20$0.018—Quarterly
2014-05-072014-05-20$0.018—Quarterly
2014-02-062014-02-20$0.018—Quarterly
2013-11-062013-11-20$0.018—Quarterly
2013-08-072013-08-20$0.018—Quarterly
2013-05-082013-05-20$0.018—Quarterly
2013-02-072013-02-20$0.018—Quarterly
2012-11-072012-11-21$0.018—Quarterly
2012-08-082012-08-20$0.018—Quarterly
2012-05-082012-05-21$0.018—Quarterly
2012-02-082012-02-20$0.018—Quarterly
2011-11-082011-11-21$0.018—Quarterly
2011-08-082011-08-22$0.018—Quarterly
2011-05-062011-05-20$0.018—Quarterly
2011-02-082011-02-22$0.018—Quarterly
2010-11-082010-11-22$0.018—Quarterly
2010-08-062010-08-20$0.018—Quarterly
2010-05-062010-05-20$0.018—Quarterly
2010-02-082010-02-22$0.018—Quarterly
2009-11-062009-11-20$0.018—Quarterly
2009-08-062009-08-20$0.018—Quarterly
2009-05-062009-05-20$0.018—Quarterly
2009-02-062009-02-20$0.018—Quarterly
2008-11-062008-11-20$0.018—Quarterly
2008-08-062008-08-20$0.018—Quarterly
2008-05-072008-05-20$0.018—Quarterly
2008-02-072008-02-20$0.018—Quarterly
2007-11-072007-11-20$0.018—Quarterly
2007-08-082007-08-20$0.018—Quarterly
2007-05-082007-05-21$0.018—Quarterly
2007-02-072007-02-19$0.018—Quarterly
2006-11-082006-11-20$0.018—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MWA stock split history

Mueller Water Products has no stock splits on record.

MWA dividend overview

Mueller Water Products pays an annual dividend of $0.28 per share, a yield of 1.29% at the latest close, paid quarterly. It paid $0.27 per share in 2025, up 4.6% from 2024. It has raised its dividend for 11 consecutive years. Over five years the dividend grew 4.8% a year on average and over ten years 13.3% a year. The payout ratio is 17.8% of trailing earnings.

Related: MWA cash flow statement, MWA key metrics, MWA chart. See the MWA stock overview for the latest quote and news.

MWA dividends FAQ

Does Mueller Water Products pay a dividend?

Yes. Mueller Water Products has paid a regular dividend since 2006, quarterly, most recently $0.07 per share with an ex-dividend date of August 10, 2026.

What is Mueller Water Products's dividend yield?

Mueller Water Products's forward annual dividend is $0.28 per share, a dividend yield of 1.29% at the latest close of $21.77.

How often does Mueller Water Products pay dividends?

Mueller Water Products pays dividends quarterly.

How fast is Mueller Water Products's dividend growing?

Mueller Water Products's dividend per share grew from $0.21 in 2020 to $0.27 in 2025, 4.8% a year on average over five years; it has increased for 11 years in a row.

What is Mueller Water Products's dividend payout ratio?

Mueller Water Products pays out 17.8% of its trailing earnings as dividends and 24.4% of its free cash flow (fiscal 2025).

Specialty Industrial Machinery: dividends