Badger Meter Increases Dividend for 30th Consecutive Year
08/12/2022 - 04:15 PM
MILWAUKEE --(BUSINESS WIRE)--
The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized a 12.5% increase in its quarterly common stock dividend to $0.22 5 per share from $0.20 per share. The increased dividend is payable September 9, 2022 , to shareholders of record on August 26, 2022 . The new annual dividend rate for common stock is $0.90 per share.
Kenneth C. Bockhorst , Chairman, President and Chief Executive Officer, stated, “We remain committed to our long tradition of paying dividends to our shareholders as part of their total returns, and are incredibly proud of achieving 30 consecutive years of dividend increases. Dividends are a key element of our disciplined approach to capital allocation, and evidence of the confidence that Badger Meter has in the resilience of our earnings and cash flow.”
About Badger Meter
With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water solutions encompassing flow measurement, quality and other system parameters. These offerings provide our customers with the data and analytics essential to optimize their operations and contribute to the sustainable use and protection of the world’s most precious resource. For more information, visit badgermeter.com .
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Karen Bauer
(414) 371-7276
kbauer@badgermeter.com
Source: Badger Meter, Inc.
BMI Rankings
#831 Ranked by Stock Gains
BMI Stock Data
Industry
Totalizing Fluid Meter and Counting Device Manufacturing
Sector
Manufacturing
Tags
Electronic Technology, Electronic Equipment/Instruments, Producer Manufacturing, Industrial Machinery, Manufacturing, Totalizing Fluid Meter and Counting Device Manufacturing
Country
US
City
Milwaukee
About BMI
badger meter is a leading innovator, manufacturer and marketer of flow measurement and control products, serving water and gas utilities, municipalities and industrial customers worldwide. measuring a variety of liquids — from water to oil and lubricants in industrial processes — products from badger meter are known for the high degree of accuracy, long-lasting durability and ability to provide valuable and timely measurement information to customers. residential and commercial metering technology from badger meter is designed for optimal system performance, superior reading and billing accuracy, and maximized revenue generation. for more information, visit www.badgermeter.com.