GlobeNewswire Inc | Oct 23, 2020 04:47PM EDT

October 23, 2020

ATLANTA, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA)announced that its Board of Directors has declared an increase to the Companys quarterly dividend to 5.50 cents ($0.055) per share, from 5.25 cents per share, payable on or about November 20, 2020, to stockholders of record as of the close of business on November 10, 2020.

About Mueller Water Products, Inc.Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure. Visit us atwww.muellerwaterproducts.com.

Mueller refers to one or more of Mueller Water Products, Inc., aDelawarecorporation (MWP), and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other. MWP brands include Mueller, Echologics, Hydro Gate, Hydro-Guard, HYMAX, Jones, Krausz, Mi.Net, Milliken, Pratt, Pratt Industrial, Singer, andU.S.Pipe Valve & Hydrant. Please see muellerwp.com/brands and krauszusa.com to learn more.

Investor Relations Contact: Whit Kincaid770-206-4116wkincaid@muellerwp.com

Media Contact: Yolanda Kokayi770-206-4131ykokayi@muellerwp.com