Badger Meter's last quarterly dividend was on Aug 24, 2023 (ex-date) with a distribution of $0.27 per share. At an annualized rate of $0.95 per share, the stock yields 0.66%. The latest dividend marks an increase of $0.05, or 20% from the prior dividend.
Badger Meter's dividend yield of 0.66% is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.52%, Badger Meter's dividend yield is 57% lower. The historical 5-year average of BMI's dividend yield is 0.9%, which is higher than the current one.
Badger Meter has been paying dividends since 1994. BMI has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 15% for the last twelve months. However with the stock price up by 56% from a year ago, the dividend yield has decreased by 26%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 24, 2023 | Sep 8, 2023 | Aug 11, 2023 | $0.27 | normal |
| May 25, 2023 | Jun 9, 2023 | Apr 28, 2023 | $0.225 | normal |
| Feb 23, 2023 | Mar 10, 2023 | Feb 10, 2023 | $0.225 | normal |
| Nov 23, 2022 | Dec 9, 2022 | Nov 11, 2022 | $0.225 | normal |
| Aug 25, 2022 | Sep 9, 2022 | Aug 12, 2022 | $0.225 | normal |
| May 26, 2022 | Jun 10, 2022 | Apr 29, 2022 | $0.2 | normal |
| Feb 24, 2022 | Mar 11, 2022 | Feb 11, 2022 | $0.2 | normal |
| Nov 24, 2021 | Dec 10, 2021 | Nov 12, 2021 | $0.2 | normal |
| Aug 26, 2021 | Sep 10, 2021 | Aug 13, 2021 | $0.2 | normal |
| May 27, 2021 | Jun 11, 2021 | Apr 30, 2021 | $0.18 | normal |
| Feb 25, 2021 | Mar 12, 2021 | Feb 12, 2021 | $0.18 | normal |
| Nov 25, 2020 | Dec 11, 2020 | Nov 13, 2020 | $0.18 | normal |
| Aug 27, 2020 | Sep 11, 2020 | Aug 7, 2020 | $0.18 | normal |
| May 28, 2020 | Jun 12, 2020 | Apr 24, 2020 | $0.17 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Feb 14, 2020 | $0.17 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Nov 8, 2019 | $0.17 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Aug 9, 2019 | $0.17 | normal |
| May 30, 2019 | Jun 14, 2019 | Apr 26, 2019 | $0.15 | normal |
| Feb 27, 2019 | Mar 15, 2019 | Feb 8, 2019 | $0.15 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 9, 2018 | $0.15 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Aug 10, 2018 | $0.15 | normal |
| May 30, 2018 | Jun 15, 2018 | Apr 27, 2018 | $0.13 | normal |
| Feb 27, 2018 | Mar 15, 2018 | Feb 9, 2018 | $0.13 | normal |
| Nov 29, 2017 | Dec 15, 2017 | Nov 10, 2017 | $0.13 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Aug 11, 2017 | $0.13 | normal |
| May 26, 2017 | Jun 15, 2017 | Apr 28, 2017 | $0.115 | normal |
| Feb 24, 2017 | Mar 15, 2017 | Feb 10, 2017 | $0.115 | normal |
| Nov 28, 2016 | Dec 15, 2016 | Nov 11, 2016 | $0.115 | normal |
| Aug 29, 2016 | Sep 15, 2016 | Aug 12, 2016 | $0.115 | normal |
| May 26, 2016 | Jun 15, 2016 | Apr 29, 2016 | $0.1 | normal |
| Feb 25, 2016 | Mar 15, 2016 | Feb 12, 2016 | $0.1 | normal |
Badger Meter's payout ratio of 35.8% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 29.2%, Badger Meter's payout ratio is 23% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EMR Emerson Electric Co | 2.18% | $2.08 | 9% |
| MWA Mueller Water Products Inc | 1.94% | $0.24 | 49.8% |
| BMI Badger Meter Inc | 0.67% | $0.95 | 35.8% |
| ROP Roper Technologies Inc | 0.55% | $2.67 | 9.7% |
Yes, Badger Meter has paid four dividends in the last twelve months. BMI has been paying dividends since 1994.
At this point we don't have a record of BMI's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.
Badger Meter's last dividend ex-date was on Aug 24, 2023. The dividend amount was $0.27 per share.
On an annual basis BMI pays $0.95 per share.
Badger Meter's current dividend yield is 0.66%.
Badger Meter has a quarterly dividend frequency.
The dividend payout ratio of Badger Meter is 35.8%.
Badger Meter's dividend yield is lower than the Industrials sector average.