Badger Meter (BMI) Raises Annual Dividend 15.4% to $0.15; 0.3% Yield
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Badger Meter (NYSE: BMI) declared an annual dividend of $0.15 per share, or $0.15 annualized. This is a 15.4% increase from the prior dividend of $0.13.
The dividend will be payable on September 14, 2018, to stockholders of record on August 31, 2018, with an ex-dividend date of August 30, 2018.
The annual yield on the dividend is 0.3 percent.
“I am proud of the fact that we have increased dividends for twenty-six consecutive years. This year’s increase demonstrates the continuing confidence we have in the cash generation potential of Badger Meter, as well as our ongoing commitment to shareholder value,” said Richard A. Meeusen, chairman and chief executive officer.
For a dividend history and other dividend-related data on Badger Meter (BMI) click here.
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