MUELLER INDUSTRIES, INC. (NYSE:MLI) Files An 8-K Other Events
Item 8.01. Other Events.
announcing that the special dividend on its common stock will be
payable March 9, 2017, to stockholders of record on February 28,
2017. Consistent with New York Stock Exchange guidelines, the
ex-dividend date will be March 10, 2017. As previously announced,
the special dividend will consist of $3.00 in cash and $5.00 in
principal amount of the Company’s 6% Subordinated Debentures due
2027 for each share of common stock (less any applicable
withholding tax). A copy of the press release announcing the
payment and record dates is attached as Exhibit 99.1.
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99.1
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Press release, dated January 25, 2017
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About MUELLER INDUSTRIES, INC. (NYSE:MLI)
Mueller Industries, Inc. (Mueller) is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through two segments: Plumbing & Refrigeration and Original Equipment Manufacturers (OEM). Its Plumbing & Refrigeration segment consists of Standard Products (SPD), Great Lakes Copper Ltd. (Great Lakes), European Operations and Mexican Operations. Its OEM segment consists of Industrial Products (IPD) and Engineered Products (EPD). The Company’s products include copper tube and fittings; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products; and steel nipples. The Company also resells imported brass and plastic plumbing valves, malleable iron fittings, faucets and plumbing specialty products. Mueller’s operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. MUELLER INDUSTRIES, INC. (NYSE:MLI) Recent Trading Information
MUELLER INDUSTRIES, INC. (NYSE:MLI) closed its last trading session up +0.80 at 40.49 with 210,817 shares trading hands.