The Board of Directors declared a quarterly cash dividend of $0.08 per share, an increase of approximately 14.3% from the prior $0.07 per share. The dividend is payable on November 19, 2026, to stockholders of record as of November 9, 2026. Additionally, the Board authorized an additional $300 million for common stock repurchases under the existing program, bringing total available authorization to approximately $334.5 million. Repurchases may be made in open market or privately negotiated transactions at the company's discretion. Mueller Water Products is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America.