Mueller Industries, Inc. (MLI) Ex-Dividend Date Scheduled for November 29, 2012

By NASDAQ.com News,  November 27, 2012, 09:00:04 AM EDT

Mueller Industries, Inc. ( MLI ) has announced an ex-dividend date of November 29, 2012 and a cash dividend payment of $0.125 per share scheduled for December 14, 2012. Shareholders who purchased MLI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior quarter. At the current stock price of $46.85, the dividend yield is 1.07%.

The previous trading day's last sale of MLI was $46.85, representing a -8.87% decrease from the 52 week high of $51.41 and a 31.34% increase over the 52 week low of $35.67.

MLI is a part of the Capital Goods sector, which includes companies such as National-Oilwell, Inc. ( NOV ) and Precision Castparts Corporation ( PCP ). MLI's current earnings per share, an indicator of a company's profitability, is $2.07. Zacks Investment Research reports MLI's forecasted earnings growth in 2012 as 6.25%, compared to an industry average of -3.5%.

For more information on the declaration, record and payment dates, visit the MLI Dividend History page.

Interested in gaining exposure to MLI through an Exchange Traded Fund ( ETF )?
The following ETF(s) have MLI as a top-10 holding:

  • PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCI )
  • SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ).

The top-performing ETF of this group is PSCI with an increase of 13.25% over the last 100 days. It also has the highest percent weighting of MLI at 2.26%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: ETF, MLI, NOV, PCP, PSCI, SLYV



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