Mueller Water Products Announces Quarterly Dividend
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 August 20, 2010, to stockholders of record at the close
of business on August 10, 2010.
Safe Harbor Statement
This press release contains certain statements that may be deemed
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements that address
activities, events or developments that we intend, expect, plan,
project, believe or anticipate will or may occur in the future are
forward-looking statements. Examples of forward-looking statements
include, but are not limited to, statements we make regarding our
ability to increase capacity utilization. Forward-looking statements are
based on certain assumptions and assessments made by us in light of our
experience and perception of historical trends, current conditions and
expected future developments. Actual results and the timing of events
may differ materially from those contemplated by the forward-looking
statements due to a number of factors, including regional, national or
global political, economic, business, competitive, market and regulatory
conditions and the following:
the demand level of manufacturing and construction activity;
our ability to service our debt obligations; and
the other factors that are described in the section entitled “RISK
FACTORS” in Item 1A of our most recently filed Annual Report on Form
10-K.
Undue reliance should not be placed on any forward-looking statements.
We do not have any intention or obligation to update forward-looking
statements after we file this press release, except as required by law.
About Mueller Water Products, Inc.
Mueller Water Products, Inc. is a leading North American manufacturer
and marketer of a broad range of water infrastructure, flow control and
piping component system products for use in water distribution networks
and water treatment facilities. The Company’s broad product portfolio
includes engineered valves, fire hydrants, pipe fittings, water meters
and ductile iron pipe, which are used by municipalities, as well as the
residential and non-residential construction for heating, ventilation
and air conditioning, fire protection, industrial, energy and oil & gas
industries. With latest 12 months net sales through March 31, 2010 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 5,100 people. The Company’s 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/.
