MLI Stock — Mueller Industries Inc.

Mueller Industries Inc. (MLI)

Updated October 16, 2026.

MLI is a Stock. its distribution rate is 1.17%, its trailing-12-month yield is 1.08%. Dividend Vision Distribution Safety Score™ is 99/100 (Safe). Its deepest 1-year drawdown was 22.3%.

Mueller Industries manufactures and distributes copper, brass, and aluminum products globally across three business segments: Piping Systems (serving plumbing, refrigeration, and HVAC markets), Industrial Metals (supplying automotive and industrial OEMs), and Climate (providing HVAC and refrigeration components). The company pays a modest distribution rate on a quarterly basis. Mueller Industries appeals to income investors seeking exposure to industrial manufacturing with modest dividend income.

MLI performance

Returns are updating. MLI's total return appears here after the next nightly update.

Its deepest 1-year drawdown was 22.3%.

MLI key facts

Distribution Safety Score™

99 · Safe

Safety-Adjusted Yield

1.16%

Asset type

Stock

Asset class

Equity

Inception date

02/25/1991

Distribution rate

1.17%

Distribution frequency

Quarterly

Trailing yield

1.08%

5-year average yield

1.1

Last close

$60.07 (as of 2026-10-16)

Market cap

$13,286,365,977

Average volume

2288698.0

Dividend

$0.175

Ex-dividend date

09/04/2026

Payment date

09/18/2026

Beta

1.09

Payout ratio

17.9%

P/E ratio

15.85

Forward P/E

18.1818

EPS

$3.79

How Dividend Vision calculates yield and returns

Distribution rate (1.17%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.08%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MLI risks and drawbacks

MLI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 22.3%.

Who may consider MLI — and who may not

MLI may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (MLI pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on MLI

• All tickers starting with M

Tagged: Industrials, Dividend.

Frequently asked questions