Badger Meter (BMI) Raises Quarterly Dividend 14.3% to $0.16; 1.9% Yield

Badger Meter (NYSE: BMI) declared a quarterly dividend of $0.16 per share, or $0.64 annualized. This is a 14.3% increase from the prior dividend of $0.14.

The dividend will be payable on September 15, 2011, to stockholders of record on August 31, 2011, with an ex-dividend date of August 29, 2011.

The annual yield on the dividend is 1.9 percent.

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