Badger Meter (BMI) Raises Quarterly Dividend 10% to $0.44 per Share

Badger Meter, Inc. (BMI) has announced a 10% increase in its quarterly dividend, raising the payout from $0.40 to $0.44 per share. The new dividend is payable to shareholders of record as of the ex-dividend date, which is set for August 28, 2026. This marks the company's 21st consecutive year of dividend increases, underscoring its commitment to returning value to shareholders.

The numbers

The new quarterly dividend of $0.44 per share brings the annualized dividend to $1.76 per share. Based on the current stock price of $135.61, the trailing twelve-month (TTM) yield stands at 1.21%, with TTM dividend per share at $1.64. The company's five-year dividend compound annual growth rate (CAGR) is an impressive 16.2%, reflecting consistent and robust growth.

Recent quarterly payments show a clear upward trend: $0.34 (May 2025), $0.40 (August 2025), $0.40 (November 2025), $0.40 (February 2026), $0.40 (May 2026), and now $0.44 (August 2026). This increase continues a pattern of steady raises, with the last increase occurring in August 2025 when the dividend rose from $0.34 to $0.40.

What it means for income investors

For income-focused investors, this raise translates to an additional $0.04 per share per quarter, or $0.16 per share annually. On a 100-share position, that equates to an extra $16 per year in dividend income. The new annualized rate of $1.76 per share implies a yield of approximately 1.30% at the current price, slightly above the TTM yield. Investors can review the full dividend history to see the company's long-term track record of consistent increases.

Reporting based on: DividendSmart market data. Figures verified against market data where available.