Mueller Water Products Announces Quarterly Dividend
29 January 2010 - 8:55AM
PR Newswire (US)
ATLANTA, Jan. 28 /PRNewswire-FirstCall/ -- Mueller Water Products,
Inc. (NYSE:MWA) announced that its Board of Directors declared a
quarterly dividend of 1.75 cents ($0.0175) per share, payable
February 22, 2010 to stockholders of record at the close of
business on February 10, 2010. Safe Harbor Statement Except for
historical information contained herein, the statements in this
release are forward- looking and made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties that may cause the actual results in future periods
of Mueller Water Products to differ materially from forecasted
results. Those risks include, among others, changes in customer
orders and demand for our products; changes in raw material, labor,
equipment and transportation costs; pricing actions by the Company
and its competitors; changes in law; the ability to attract and
retain management and employees; the inability to successfully
execute management strategies with respect to cost reductions,
production increases or decreases, inventory control, and the
integration of acquired businesses; and general changes in economic
and financial conditions, residential and non- residential
construction, and municipal spending. Risks associated with
forward-looking statements are more fully described in our filings
with the Securities and Exchange Commission. Mueller Water Products
assumes no duty to update its forward-looking statements as of any
future date. About Mueller Water Products, Inc. Mueller Water
Products, Inc. is a leading North American manufacturer and
marketer of infrastructure and flow control products for use in
water distribution networks and treatment facilities. Its broad
product portfolio includes engineered valves, fire hydrants,
ductile iron pipe and pipe fittings, which are used by
municipalities, as well as the residential and non-residential
construction, oil & gas, HVAC and fire protection industries.
With latest 12 months net sales as of September 30, 2009 of $1.4
billion, the Company is comprised of three operating segments:
Mueller Co., U.S. Pipe and Anvil. Based in Atlanta, Georgia, the
Company employs approximately 5,300 people. The Company's Series A
common stock trades on the New York Stock Exchange under the ticker
symbol MWA. For more information about Mueller Water Products Inc.,
please visit the Company's Web site at
http://www.muellerwaterproducts.com/. Investor Contact: Martie
Edmunds Zakas Sr. Vice President - Strategy, Corporate Development
& Communications 770-206-4237 -------------------- Media
Contact: John Pensec Director - Corporate Communications &
Public Affairs 770-206-4240 --------------------- DATASOURCE:
Mueller Water Products, Inc. CONTACT: Martie Edmunds Zakas, Sr.
Vice President - Strategy, Corporate Development &
Communications, +1-770-206-4237, ; John Pensec, Director -
Corporate Communications & Public, Affairs, +1-770-206-4240,
Web Site: http://www.muellerwaterproducts.com/
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