Badger Meter - Dividend Increase

Source: DepositPhotos

On August 14, Badger Meter (BMI) increased its dividend by 10%, from 40¢ to 44¢ per share.

The dividend is payable on September 11 to shareholders of record on August 28.

BMI's contribution to DivGro's projected annual dividend income will increase by $27.20 to $299.20.

Created by the author

I own 170 shares of BMI at an average cost basis of $190.89/share. Following this increase, my yield on cost is 0.92% (the stock's forward yield is 1.35% at $130.82/share).

Since I opened my position in February 2025, the stock has delivered a total return of -31%, including dividends of $257.46. That works out to an annualized rate of return of -28.5%.

5-Year History of Dividend Payouts by Ex-Date

✝projected, assuming no further changes

Created by the author

BMI's quality score is 8.04, which I rate Excellent. The Simply Safe Dividends score of 94 places BMI in the Very Safe band. With a 34-year growth streak, BMI qualifies as a Dividend Champion.