SPRINGFIELD, Mo., May 10, 2024 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced that its Board of Directors has declared a cash dividend of 23 cents ($0.23) per share on its outstanding common stock. The action was taken on May 10, 2024, at a regular meeting of the Board of Directors. The dividend of 23 cents ($0.23) per share is payable on June 28, 2024, to shareholders of record on May 24, 2024. Additionally, on May 7, 2024, the tender offer announced on March 15, 2024, exp
SPRINGFIELD, Mo., April 26, 2024 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended March 31, 2024. PAUL MUELLER COMPANYTHREE-MONTH REPORT(In thousands) CONSOLIDATED STATEMENTS OF INCOME Three Months Ended Twelve Months Ended March 31 March 31 2024 2023 2024 2023 Net Sales $50,356 $56,351 $223,161 $207,096Cost of Sales 34,560 39,554 153,631 159,979Gross Profit $15,796 $16,797 $69,530 $47,117Selling, General and Administrative Expense10,358 12,587
SPRINGFIELD, Mo., March 15, 2024 (GLOBE NEWSWIRE) -- The Paul Mueller Company (OTC: MUEL) (the “Company”) today announced that the Board of Directors has approved a tender offer (the “Tender Offer”) to repurchase shares of the Company’s common stock (“Shares”) at a purchase price of $80 per Share, up to $10,000,000 (the “Maximum Aggregate Purchase Price”). The Company may, at its sole option, increase the Maximum Aggregate Purchase Price for the purchase of up to an additional $5,000,000 of Shar