Mueller Industries, Inc. (NYSE:MLI) is included among the 15 Dividend Growth Stocks with the Highest Growth Rates.
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Mueller Industries, Inc. (NYSE:MLI) is an American manufacturer serving a wide range of industrial markets.
In the third quarter of 2025, the company noted that weakness in residential construction, coupled with an increase in imported products ahead of rising tariffs, had weighed on unit volumes across several of its business segments. Despite these challenges, management emphasized that the team delivered another strong quarter. They highlighted the company’s robust balance sheet and steady cash-generating operations, adding that it remains committed to a long-term strategy while pursuing growth and expansion opportunities with discipline and patience.
Mueller Industries, Inc. (NYSE:MLI)’s financial position remained robust, with net cash from operations totaling $310.1 million for the quarter. The company ended the period with a cash balance of $1.3 billion, a strong current ratio of 4.8 to 1, and a solid foundation that makes it an appealing choice for income-focused investors. It pays a quarterly dividend of $0.25 per share, having raised it by 25% in February. This marked the company’s fifth consecutive year of dividend growth, which makes it one of the best dividend stocks to invest in. The stock supports a dividend yield of 0.95%, as of October 30.
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