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Badger Meter Declares Regular Quarterly Dividend

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Badger Meter, Inc. (BMI) announces a regular quarterly cash dividend of $0.27 per share, payable to shareholders of record on February 23, 2024, and payable on March 8, 2024.
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Insights

The declaration of a regular quarterly cash dividend by Badger Meter, Inc. represents a direct financial impact on both the company and its shareholders. Dividends are a critical component of shareholder returns, particularly for income-focused investors. The amount of $0.27 per share indicates the company's current profitability and cash flow status, which allows it to return value to shareholders. It's also a signal of management's confidence in the company's financial stability and future earnings prospects.

From an investment perspective, regular dividends can make the company's stock more attractive to a certain class of investors, potentially influencing the stock's demand and price. Moreover, the stability implied by consistent dividend payments may be factored into the stock's risk profile, which could affect both its volatility and the cost of capital for the company.

It's important to consider the dividend yield, which is calculated by annualizing the quarterly dividend and dividing it by the stock's price. This yield provides a comparison point against other companies in the industry and benchmarks like government bonds. A higher yield can attract investors, but an excessively high yield might suggest that the market is factoring in potential risk or expecting future dividend cuts.

Understanding the broader market implications of Badger Meter, Inc.'s dividend announcement requires analyzing the company's dividend history and the industry average. If the declared dividend represents an increase, it may indicate sector strength or a competitive edge. Conversely, if it is a decrease or remains stagnant, it might suggest industry headwinds or company-specific challenges.

Investors often view regular and increasing dividends as a sign of a company's maturity and reliability. It can also reflect positively on the management's ability to manage cash and investments effectively. For market analysts, trends in dividend payments can serve as a barometer for the financial health of a sector, influencing market sentiment and investment strategies.

Additionally, the timing of the dividend in relation to economic cycles can be telling. For instance, in a downturn, maintaining or increasing dividends could be seen as a robust statement of financial health, whereas cuts or omissions could signal distress.

MILWAUKEE--(BUSINESS WIRE)-- The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of $0.27 per share to shareholders of record on February 23, 2024, payable March 8, 2024.

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.

Karen Bauer

(414) 371-7276

kbauer@badgermeter.com

Source: Badger Meter, Inc.

FAQ

What dividend has Badger Meter, Inc. (BMI) declared?

Badger Meter, Inc. (BMI) declared a regular quarterly cash dividend of $0.27 per share.

When will the dividend be payable to shareholders of Badger Meter, Inc. (BMI)?

The dividend will be payable to shareholders of record on February 23, 2024, and payable on March 8, 2024.

Badger Meter, Inc.

NYSE:BMI

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6.37B
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3.3%
Scientific & Technical Instruments
Totalizing Fluid Meters & Counting Devices
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United States of America
MILWAUKEE