Badger Meter Increases Dividend

World News: . []

The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized a 15% increase in its quarterly common stock dividend to $0.15 per share from $0.13 per share. The increased dividend is payable September 14, 2018, to shareholders of record on August 31, 2018. The new annual dividend rate for common stock is $0.60 per share.

“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.

About Badger Meter

Badger Meter is an innovator in flow measurement, control and communications solutions, serving water utilities, municipalities, and commercial and industrial customers worldwide. The Company’s products measure water, oil, chemicals, and other fluids, and are known for accuracy, long-lasting durability and for providing valuable and timely measurement data. For more information, visit www.badgermeter.com.

More news and information about Badger Meter, Inc.

Published By:

Business Wire: 21:15 GMT Friday 10th August 2018

Published: .

Search for other references to "badger" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
 
Privacy Policy | Terms and Conditions | Contact Us