Mueller Industries Inc. (MLI) Monday boosted its its quarterly divided by 25 percent to 12.5 cents per share, up from 10 cent per share in prior periods. The dividend will be payable December 14 to shareholders as of record December 3.
The company also appointed Gary Gladstein, a current independent member of its Board of Directors, as non-executive Chairman of the Board, effective January 1, 2013. Alexander Federbush, the company's outgoing Chairman, will continue to serve as a member of the Board.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.