MWA Dividend History & Yield

Mueller Water Products, Inc. · NYSE

Stock Industrials Quarterly payer Dividend growthIndustrial
$23.76
-0.79% today
as of Sep 8, 2026
TTM yield
1.18%
$0.28/share over the last 12 months
Forward yield
1.18%
$0.28/share indicated annual rate
Annual dividend
$0.28
per share, forward
Per payment
$0.07
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 9, 2026 Estimated
in 61 days
Next pay date
Nov 23, 2026
in 75 days
Last ex-dividend date
Aug 10, 2026
$0.07 per share
Payout ratio
20%
of earnings
Market cap
3.7B
P/E 16.7
5y dividend CAGR
+4.9%
annualised, regular payments
Growth streak
11 yrs
consecutive annual raises
Years paying
19.8
since Nov 8, 2006
1y total return
-8.8%
price -9.9% + dividends 1.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 9, 2026 (in 61 days) Nov 23, 2026 $0.07 $7.00 Estimated
Mon, Feb 8, 2027 (in 152 days) Feb 22, 2027 $0.07 $7.00 Estimated
Mon, May 10, 2027 (in 243 days) May 24, 2027 $0.07 $7.00 Estimated
Mon, Aug 9, 2027 (in 334 days) Aug 23, 2027 $0.07 $7.00 Estimated

Estimated dates and amounts are projected from MWA's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.28 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 8, 2016 to Aug 10, 2026; most recent $0.07$0.00$0.04$0.08Nov 8, 2016: $0.03Nov '16Feb 8, 2017: $0.04May 8, 2017: $0.04Aug 9, 2017: $0.04Nov 9, 2017: $0.04Feb 8, 2018: $0.05Feb '18May 9, 2018: $0.05Aug 9, 2018: $0.05Nov 8, 2018: $0.05Feb 7, 2019: $0.05May 9, 2019: $0.05May '19Aug 8, 2019: $0.053Nov 7, 2019: $0.053Feb 7, 2020: $0.053May 8, 2020: $0.053Aug 7, 2020: $0.053Aug '20Nov 9, 2020: $0.055Feb 9, 2021: $0.055May 7, 2021: $0.055Aug 9, 2021: $0.055Nov 9, 2021: $0.058Nov '21Feb 9, 2022: $0.058May 9, 2022: $0.058Aug 9, 2022: $0.058Nov 9, 2022: $0.061Feb 9, 2023: $0.061Feb '23May 9, 2023: $0.061Aug 9, 2023: $0.061Nov 8, 2023: $0.064Feb 8, 2024: $0.064May 9, 2024: $0.064May '24Aug 9, 2024: $0.064Nov 8, 2024: $0.067Feb 10, 2025: $0.067May 12, 2025: $0.067Aug 12, 2025: $0.067Aug '25Nov 10, 2025: $0.07Feb 10, 2026: $0.07May 11, 2026: $0.07Aug 10, 2026: $0.07

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.15$0.302017: $0.16$0.1620172018: $0.20$0.2020182019: $0.206$0.20620192020: $0.214$0.21420202021: $0.223$0.22320212022: $0.235$0.23520222023: $0.247$0.24720232024: $0.259$0.25920242025: $0.271$0.27120252026 (YTD): $0.21$0.212026 YTD

How much MWA do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month4,286$101,829$1,200
$500 / month21,429$509,143$6,000
$1,000 / month42,858$1,018,286$12,000

Based on the forward yield of 1.18%. $10,000 in MWA would currently pay about $118 a year ($10 a month on average). Model reinvestment and growth →

MWA dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 10, 2026 $0.07 +0.0%
May 11, 2026 $0.07 +0.0%
Feb 10, 2026 $0.07 +0.0%
Nov 10, 2025 $0.07 +4.5%
Aug 12, 2025 $0.067 +0.0%
May 12, 2025 $0.067 +0.0%
Feb 10, 2025 $0.067 +0.0%
Nov 8, 2024 $0.067 +4.7%
Aug 9, 2024 $0.064 +0.0%
May 9, 2024 $0.064 +0.0%
Feb 8, 2024 $0.064 +0.0%
Nov 8, 2023 $0.064 +4.9%
Aug 9, 2023 $0.061 +0.0%
May 9, 2023 $0.061 +0.0%
Feb 9, 2023 $0.061 +0.0%
Nov 9, 2022 $0.061 +5.2%
Aug 9, 2022 $0.058 +0.0%
May 9, 2022 $0.058 +0.0%
Feb 9, 2022 $0.058 +0.0%
Nov 9, 2021 $0.058 +5.5%
Aug 9, 2021 $0.055 +0.0%
May 7, 2021 $0.055 +0.0%
Feb 9, 2021 $0.055 +0.0%
Nov 9, 2020 $0.055 +3.8%
Aug 7, 2020 $0.053 +0.0%
May 8, 2020 $0.053 +0.0%
Feb 7, 2020 $0.053 +0.0%
Nov 7, 2019 $0.053 +0.0%
Aug 8, 2019 $0.053 +6.0%
May 9, 2019 $0.05 +0.0%
Feb 7, 2019 $0.05 +0.0%
Nov 8, 2018 $0.05 +0.0%
Aug 9, 2018 $0.05 +0.0%
May 9, 2018 $0.05 +0.0%
Feb 8, 2018 $0.05 +25.0%
Nov 9, 2017 $0.04 +0.0%
Aug 9, 2017 $0.04 +0.0%
May 8, 2017 $0.04 +0.0%
Feb 8, 2017 $0.04 +33.3%
Nov 8, 2016 $0.03 +0.0%
Aug 4, 2016 $0.03 +0.0%
May 6, 2016 $0.03 +50.0%
Feb 8, 2016 $0.02 +0.0%
Nov 6, 2015 $0.02 +0.0%
Aug 6, 2015 $0.02 +0.0%
May 6, 2015 $0.02 +11.1%
Feb 6, 2015 $0.018 +0.0%
Nov 6, 2014 $0.018 +0.0%
Aug 7, 2014 $0.018 +0.0%
May 7, 2014 $0.018 +0.0%
Feb 6, 2014 $0.018 +0.0%
Nov 6, 2013 $0.018 +0.0%
Aug 7, 2013 $0.018 +0.0%
May 8, 2013 $0.018 +0.0%
Feb 7, 2013 $0.018 +0.0%
Nov 7, 2012 $0.018 +0.0%
Aug 8, 2012 $0.018 +0.0%
May 8, 2012 $0.018 +0.0%
Feb 8, 2012 $0.018 +0.0%
Nov 8, 2011 $0.018 +0.0%
Aug 8, 2011 $0.018 +0.0%
May 6, 2011 $0.018 +0.0%
Feb 8, 2011 $0.018 +0.0%
Nov 8, 2010 $0.018 +0.0%
Aug 6, 2010 $0.018 +0.0%
May 6, 2010 $0.018 +0.0%
Feb 8, 2010 $0.018 +0.0%
Nov 6, 2009 $0.018 +0.0%
Aug 6, 2009 $0.018 +0.0%
May 6, 2009 $0.018 +0.0%
Feb 6, 2009 $0.018 +0.0%
Nov 6, 2008 $0.018 +0.0%
Aug 6, 2008 $0.018 +0.0%
May 7, 2008 $0.018 +0.0%
Feb 7, 2008 $0.018 +0.0%
Nov 7, 2007 $0.018 +0.0%
Aug 8, 2007 $0.018 +0.0%
May 8, 2007 $0.018 +0.0%
Feb 7, 2007 $0.018 +0.0%
Nov 8, 2006 $0.018

MWA dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Nov 10, 2025 Raised 4.5% $0.067 $0.07 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

MWA scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.

Sector: Industrials. Industry: Specialty Industrial Machinery. First dividend on our records: Nov 8, 2006. 80 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

MWA dividend FAQ

When is MWA's next ex-dividend date?

MWA's next ex-dividend date is Nov 9, 2026 (in 61 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.07 per share, expected on Nov 23, 2026.

How often does MWA pay dividends?

MWA pays dividends every quarter, 4 times a year. The most recent payment was $0.07 per share with an ex-date of Aug 10, 2026.

What is MWA's dividend yield?

MWA's trailing 12-month dividend yield is 1.18%, based on $0.28 per share paid over the last year and a share price of $23.76. The forward yield, using the indicated annual rate of $0.28 per share, is 1.18%.

How much does MWA pay per share?

MWA pays about $0.07 per share each quarter, which works out to roughly $0.28 per share a year. 100 shares would collect about $28.00 a year.

Has MWA grown or cut its dividend?

MWA has raised its annual dividend for 11 consecutive years. Over the last 5 years the regular payout has grown at 4.9% a year (+4.5% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of MWA do I need to earn $100 a month?

At the current forward yield of 1.18%, you would need about 4,286 shares of MWA (roughly $101,829 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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