Badger Meter Increases Dividend for 30th Consecutive Year
13 August 2022 - 6:15AM
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 $0.225 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
Badger Meter (NYSE:BMI)
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