How Many MLI Shares for $500 or $1,000 a Month?
At $0.70 a share a year, $500 a month takes about 8,572 MLI shares, about $470,260 at the Nov 12, 2026 close of $54.86. $1,000 a month takes about 17,143 shares, about $940,465. Before taxes, and only while the rate holds.
Mueller Industries (MLI) pays $0.175 a share quarterly, $0.70 a year, a 1.28% run-rate yield at the Nov 12, 2026 close of $54.86. It has paid since 1996 and raised its annual dividend 5 years in a row.
At today’s rate of $0.175 quarterly and the last close of $54.86, this is what MLI pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.175 | $0.06 | $0.70 |
| 100 shares | $17.50 | $5.83 | $70.00 |
| $10,000 invested (182.3 shares) | $31.90 | $10.63 | $127.60 |
| 8,572 shares ($500/mo) | $1,500.10 | $500.03 | $6,000.40 |
| 17,143 shares ($1,000/mo) | $3,000.03 | $1,000.01 | $12,000.10 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 MLI shares reinvest into 0.32 new shares each payment, about 1.3 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 314 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with MLI’s own history in the MLI DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
- Crash record: what the dividend did in the 2008 crash history
MLI Dividend Yield Today vs Its 5-Year Range
- MLI yields 1.28% today, at the Nov 12, 2026 close of $54.86.
- Its own 10-year median is 1.50%, so today’s yield is near its usual level.
- No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 10-year history as it is.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is MLI’s Next Dividend? Ex-Date and Pay Date After September 2026
MLI has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 4, 2026, with the cash around Dec 7, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.175 a share, went ex on Sep 4, 2026 and paid Sep 7, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 3 days after the ex-date
- Next earnings report: Feb 9, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does MLI Pay?
MLI pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
- Streak: 5 years of higher annual totals (through 2025)
- Last change: cut Sep 4, 2026 - $0.35 to $0.175 (-50.00%)
- Last raise: Mar 13, 2026 - $0.25 to $0.35 (+$0.10, +40.00%)
- Usual $ step: $0.05 (median of the raises before it)
- EPS payout: 30.8% - $1.20 paid / $3.90 EPS (4 quarters to Sep 26, 2026); own 4-yr norm 26.3% (median of 12 earlier trailing years)
- FCF payout: 38.2% - $1.20 paid / $3.14 free cash flow per share (4 quarters to Sep 26, 2026); own 4-yr norm 23.4% (median of 12 earlier trailing years)
MLI vs Similar Dividend Stocks (RTO, WTS...)
Against the 10 dividend-paying Industrials companies closest to MLI in market value, MLI’s 1.28% run-rate yield is below the group’s middle yield of 1.60%, and its raise streak of 5 years is the 7th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| MLI $54.86Mueller Industries | $0.175/qtr$0.70/yr fwd | 1.28% | Dividend Safety Rating: paid plans only | No cut in all 32008 held2020 raised2022 raisedno 2000 record | 0 yrsraised 5 yrs in a row |
| RTO $23.74Rentokil Initial | $0.224/half-yr$0.45/yr fwd | 1.89% | Dividend Safety Rating: paid plans only | Stopped in 20092008 stopped2022 heldno 2000/2020 record | 5+ yrsraised 3 yrs in a row |
| WTS $357.49Watts Water Technologies | $0.63/qtr$2.52/yr fwd | 0.70% | Dividend Safety Rating: paid plans only | Cut in 20002000 cut2008 raised2020 raised2022 raised | 25 yrsraised 13 yrs in a row |
| DLAKY $9.87Deutsche Lufthansa AG | $0.382/yr | 3.87% | Dividend Safety Rating: paid plans only | — | 2 yrsraised 1 yr in a row |
| WSO $308.25Watsco | $3.30/qtr$13.20/yr fwd | 4.28% | Dividend Safety Rating: paid plans only | Raised in all 42000 raised2008 raised2020 raised2022 raised | 12 yrsraised 12 yrs in a row |
| LII $347.80Lennox International | $1.36/qtr$5.44/yr fwd | 1.56% | Dividend Safety Rating: paid plans only | No cut in all 42000 held2008 raised2020 raised2022 raised | 25+ yrsraised 16 yrs in a row |
| CR $209.55Crane | $0.255/qtr$1.02/yr fwd | 0.49% | Dividend Safety Rating: paid plans only | Cut in 20232000 held2008 raised2020 raised2022 cut | 2 yrsraised 1 yr in a row |
| RRX $180.58Regal Rexnord | $0.35/qtr$1.40/yr fwd | 0.78% | Dividend Safety Rating: paid plans only | No cut in all 42000 held2008 raised2020 raised2022 raised | 35+ yrsno raise streak |
| GGG $72.45Graco | $0.295/qtr$1.18/yr fwd | 1.63% | Dividend Safety Rating: paid plans only | Raised in all 42000 raised2008 raised2020 raised2022 raised | 37+ yrsraised 26 yrs in a row |
| HII $308.26Huntington Ingalls Industries | $1.38/qtr$5.52/yr fwd | 1.79% | Dividend Safety Rating: paid plans only | Raised in both2020 raised2022 raisedno 2000/2008 record | 12+ yrsraised 12 yrs in a row |
| BWXT $124.01BWX Technologies | $0.27/qtr$1.08/yr fwd | 0.87% | Dividend Safety Rating: paid plans only | Raised in both2020 raised2022 raisedno 2000/2008 record | 12+ yrsraised 10 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: MLI vs RTO, MLI vs WTS, MLI vs DLAKY.
MLI Dividend History: Every Payment Since 1996
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Sep 4, 2026 | Sep 7, 2026 | $0.175 | Quarterly | Regular |
| Jun 5, 2026 | Jun 8, 2026 | $0.35 | Quarterly | Regular |
| Mar 13, 2026 | Mar 16, 2026 | $0.35 | Quarterly | Regular |
| Dec 5, 2025 | Dec 8, 2025 | $0.25 | Quarterly | Regular |
| Sep 5, 2025 | Sep 8, 2025 | $0.25 | Quarterly | Regular |
| Jun 6, 2025 | Jun 9, 2025 | $0.25 | Quarterly | Regular |
| Mar 14, 2025 | Mar 17, 2025 | $0.25 | Quarterly | Regular |
| Dec 6, 2024 | Dec 9, 2024 | $0.20 | Quarterly | Regular |
| Sep 6, 2024 | Sep 9, 2024 | $0.20 | Quarterly | Regular |
| Jun 7, 2024 | Jun 10, 2024 | $0.20 | Quarterly | Regular |
| Mar 14, 2024 | Mar 18, 2024 | $0.20 | Quarterly | Regular |
| Nov 30, 2023 | Dec 4, 2023 | $0.15 | Quarterly | Regular |
| Aug 31, 2023 | Sep 4, 2023 | $0.075 | Quarterly | Regular |
| Jun 1, 2023 | Jun 5, 2023 | $0.15 | Quarterly | Regular |
| Mar 16, 2023 | Mar 20, 2023 | $0.15 | Quarterly | Regular |
| Dec 1, 2022 | Dec 16, 2022 | $0.0625 | Quarterly | Regular |
| Sep 1, 2022 | Sep 16, 2022 | $0.0625 | Quarterly | Regular |
| Jun 2, 2022 | Jun 17, 2022 | $0.0625 | Quarterly | Regular |
| Mar 17, 2022 | Apr 1, 2022 | $0.0625 | Quarterly | Regular |
| Dec 2, 2021 | Dec 17, 2021 | $0.0325 | Quarterly | Regular |
| Sep 2, 2021 | Sep 17, 2021 | $0.0325 | Quarterly | Regular |
| Jun 3, 2021 | Jun 18, 2021 | $0.0325 | Quarterly | Regular |
| Mar 18, 2021 | Apr 2, 2021 | $0.0325 | Quarterly | Regular |
| Dec 3, 2020 | Dec 18, 2020 | $0.025 | Quarterly | Regular |
| Sep 3, 2020 | Sep 18, 2020 | $0.025 | Quarterly | Regular |
| Jun 4, 2020 | Jun 19, 2020 | $0.025 | Quarterly | Regular |
| Mar 19, 2020 | Apr 3, 2020 | $0.025 | Quarterly | Regular |
| Dec 5, 2019 | Dec 20, 2019 | $0.025 | Quarterly | Regular |
| Sep 5, 2019 | Sep 20, 2019 | $0.025 | Quarterly | Regular |
| Jun 6, 2019 | Jun 21, 2019 | $0.025 | Quarterly | Regular |
| Mar 14, 2019 | Mar 29, 2019 | $0.025 | Quarterly | Regular |
| Dec 6, 2018 | Dec 21, 2018 | $0.025 | Quarterly | Regular |
| Sep 6, 2018 | Sep 21, 2018 | $0.025 | Quarterly | Regular |
| May 31, 2018 | Jun 15, 2018 | $0.025 | Quarterly | Regular |
| Mar 15, 2018 | Mar 29, 2018 | $0.025 | Quarterly | Regular |
| Nov 30, 2017 | Dec 22, 2017 | $0.025 | Quarterly | Regular |
| Aug 31, 2017 | Sep 22, 2017 | $0.025 | Quarterly | Regular |
| May 31, 2017 | Jun 16, 2017 | $0.025 | Quarterly | Regular |
| Mar 10, 2017 | Mar 13, 2017 | $0.75 | Quarterly | Special |
| Mar 3, 2017 | Mar 21, 2017 | $0.025 | Quarterly | Regular |
| Nov 30, 2016 | Dec 19, 2016 | $0.025 | Quarterly | Regular |
| Aug 31, 2016 | Sep 19, 2016 | $0.025 | Quarterly | Regular |
| May 27, 2016 | Jun 15, 2016 | $0.025 | Quarterly | Regular |
| Mar 2, 2016 | Mar 18, 2016 | $0.0188 | Quarterly | Regular |
| Nov 25, 2015 | Dec 14, 2015 | $0.0188 | Quarterly | Regular |
| Sep 2, 2015 | Sep 18, 2015 | $0.0188 | Quarterly | Regular |
| May 28, 2015 | Jun 15, 2015 | $0.0188 | Quarterly | Regular |
| Feb 26, 2015 | Mar 13, 2015 | $0.0188 | Quarterly | Regular |
| Nov 26, 2014 | Dec 15, 2014 | $0.0188 | Quarterly | Regular |
| Sep 3, 2014 | Sep 19, 2014 | $0.0188 | Quarterly | Regular |
| May 29, 2014 | Jun 16, 2014 | $0.0188 | Quarterly | Regular |
| Feb 27, 2014 | Mar 14, 2014 | $0.0375 | Quarterly | Regular |
| Nov 27, 2013 | Dec 16, 2013 | $0.0313 | Quarterly | Regular |
| Sep 4, 2013 | Sep 20, 2013 | $0.0313 | Quarterly | Regular |
| May 30, 2013 | Jun 17, 2013 | $0.0313 | Quarterly | Regular |
| Feb 27, 2013 | Mar 15, 2013 | $0.0313 | Quarterly | Regular |
| Nov 29, 2012 | Dec 14, 2012 | $0.0156 | Quarterly | Regular |
| Aug 30, 2012 | Sep 17, 2012 | $0.0125 | Quarterly | Regular |
| May 30, 2012 | Jun 15, 2012 | $0.0125 | Quarterly | Regular |
| Feb 28, 2012 | Mar 15, 2012 | $0.0125 | Quarterly | Regular |
| Nov 29, 2011 | Dec 15, 2011 | $0.0125 | Quarterly | Regular |
| Aug 30, 2011 | Sep 15, 2011 | $0.0125 | Quarterly | Regular |
| May 27, 2011 | Jun 15, 2011 | $0.0125 | Quarterly | Regular |
| Feb 25, 2011 | Mar 15, 2011 | $0.0125 | Quarterly | Regular |
| Nov 29, 2010 | Dec 15, 2010 | $0.0125 | Quarterly | Regular |
| Aug 30, 2010 | Sep 15, 2010 | $0.0125 | Quarterly | Regular |
| May 27, 2010 | Jun 15, 2010 | $0.0125 | Quarterly | Regular |
| Feb 25, 2010 | Mar 15, 2010 | $0.0125 | Quarterly | Regular |
| Nov 27, 2009 | Dec 15, 2009 | $0.0125 | Quarterly | Regular |
| Aug 28, 2009 | Sep 15, 2009 | $0.0125 | Quarterly | Regular |
| May 28, 2009 | Jun 15, 2009 | $0.0125 | Quarterly | Regular |
| Feb 26, 2009 | Mar 13, 2009 | $0.0125 | Quarterly | Regular |
| Nov 26, 2008 | Dec 15, 2008 | $0.0125 | Quarterly | Regular |
| Aug 27, 2008 | Sep 15, 2008 | $0.0125 | Quarterly | Regular |
| May 29, 2008 | Jun 13, 2008 | $0.0125 | Quarterly | Regular |
| Feb 28, 2008 | Mar 14, 2008 | $0.0125 | Quarterly | Regular |
| Nov 28, 2007 | Dec 14, 2007 | $0.0125 | Quarterly | Regular |
| Aug 30, 2007 | Sep 17, 2007 | $0.0125 | Quarterly | Regular |
| May 30, 2007 | Jun 15, 2007 | $0.0125 | Quarterly | Regular |
| Feb 27, 2007 | Mar 15, 2007 | $0.0125 | Quarterly | Regular |
| Nov 29, 2006 | Dec 15, 2006 | $0.0125 | Quarterly | Regular |
| Aug 30, 2006 | Sep 15, 2006 | $0.0125 | Quarterly | Regular |
| May 30, 2006 | Jun 15, 2006 | $0.0125 | Quarterly | Regular |
| Feb 27, 2006 | Mar 15, 2006 | $0.0125 | Quarterly | Regular |
| Nov 29, 2005 | Dec 15, 2005 | $0.0125 | Quarterly | Regular |
| Aug 30, 2005 | Sep 15, 2005 | $0.0125 | Quarterly | Regular |
| May 27, 2005 | Jun 15, 2005 | $0.0125 | Quarterly | Regular |
| Feb 25, 2005 | Mar 15, 2005 | $0.0125 | Quarterly | Regular |
| Nov 29, 2004 | Dec 15, 2004 | $0.0125 | Quarterly | Regular |
| Oct 27, 2004 | Oct 29, 2004 | $0.8125 | Quarterly | Special |
| Aug 30, 2004 | Sep 15, 2004 | $0.0125 | Quarterly | Regular |
| May 27, 2004 | Jun 15, 2004 | $0.0125 | Quarterly | Regular |
| Feb 26, 2004 | Mar 15, 2004 | $0.0125 | Quarterly | Regular |
| May 16, 1996 | May 20, 1996 | $0.0625 | Quarterly | Special |
What the Dividend Safety Rating Means for MLI
MLI Dividend Questions
How often does MLI pay dividends?
MLI pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
Does MLI pay dividends monthly?
No. MLI pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next MLI dividend?
MLI has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 4, 2026, with the cash around Dec 7, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.175 a share, went ex on Sep 4, 2026 and paid Sep 7, 2026. The current rate is $0.175 per share, $0.70 a year.
Does MLI pay a dividend in December 2026?
Not declared yet. By its usual rhythm the next ex-date falls around Dec 4, 2026, with the cash around Dec 7, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.
How much does MLI pay per share?
MLI pays $0.175 a share quarterly, $0.70 a year. At the Nov 12, 2026 close of $54.86 that is a 1.28% run-rate yield, near its usual level: its own 10-year median is 1.50%.
Has MLI raised its dividend?
Yes. MLI has raised its annual dividend 5 years in a row, through 2025. The latest raise, on Mar 13, 2026, took the rate from $0.25 to $0.35 (+40.00%). Since then the rate was cut on Sep 4, 2026, from $0.35 to $0.175. Over five years the dividend grew 40.0% a year.
Is MLI’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. MLI paid out 31% of its earnings and 38% of its free cash flow as dividends over the 4 quarters to Sep 26, 2026. It has raised its dividend 5 years in a row. Through the market crashes: it raised the dividend through the 2020 and 2022 crashes; it held it through 2008. There is no 2000 record on file. This is data, not investment advice. The full 13-check rating comes with a plan.
How do I track my MLI dividends?
Add MLI to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run MLI in the DRIP calculator.