On August 14, Badger Meter (BMI) increased its dividend by 10%, from 40¢ to 44¢ per share.
The dividend is payable on September 11 to shareholders of record on August 28.
BMI's contribution to DivGro's projected annual dividend income will increase by $27.20 to $299.20.
Created by the author
I own 170 shares of BMI at an average cost basis of $190.89/share. Following this increase, my yield on cost is 0.92% (the stock's forward yield is 1.35% at $130.82/share).
Since I opened my position in February 2025, the stock has delivered a total return of -31%, including dividends of $257.46. That works out to an annualized rate of return of -28.5%.
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $0.760 | $0.850 | $0.990 | $1.220 | $1.480 | ⬆ | $1.680✝ |
| 8.57% | 11.84% | 16.47% | 23.23% | 21.31% | ⬇ | 13.51% |
| 5-year DGR: | 16.15% | ⬆ | 17.19% | |||
✝projected, assuming no further changes
Created by the author
BMI's quality score is 8.04, which I rate Excellent. The Simply Safe Dividends score of 94 places BMI in the Very Safe band. With a 34-year growth streak, BMI qualifies as a Dividend Champion.
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