Badger Meter, Inc. (BMI) Dividend History
BMI latest dividend
$0.44last dividend per share
Ex-dividend dateAug 28Friday, 2026
Payment dateSep 11Friday, 2026
The next dividend has not been announced yet.
- 21 yearsof dividend increases
- 1984paying since
- Quarterly4 payments a year
- +16.2%5-year growth a year
- 1.39%forward yield
BMI dividend income calculator
- Dividend income a year
- $176
- Each payment
- $44
- Value of the shares
- $12,648
- Dividend yield
- 1.39%
At the latest close; forward annual dividend $1.76 per share, before tax.
BMI dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
BMI dividend safety
Payout ratio (earnings)38.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)25.7%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+16.2%
Growing · a year on average
Years of increases21
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
BMI yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $179.94 | 0.98% | $1.64 | 0.9% |
| 3 years ago | $134.79 | 1.31% | $4.21 | 3.1% |
| 5 years ago | $102.24 | 1.72% | $5.98 | 5.8% |
| 10 years ago | $30.70 | 5.73% | $9.04 | 29.5% |
| 20 years ago | $11.11 | 15.85% | $12.00 | 108.1% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
BMI dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
BMI dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $1.48 | +21.3% | 0.85% | 4 |
| 2024 | $1.22 | +23.2% | 0.58% | 4 |
| 2023 | $0.99 | +16.5% | 0.64% | 4 |
| 2022 | $0.85 | +11.8% | 0.78% | 4 |
| 2021 | $0.76 | +8.6% | 0.71% | 4 |
| 2020 | $0.70 | +9.4% | 0.74% | 4 |
| 2019 | $0.64 | +14.3% | 0.99% | 4 |
| 2018 | $0.56 | +14.3% | 1.14% | 4 |
| 2017 | $0.49 | +14.0% | 1.03% | 4 |
| 2016 | $0.43 | +10.3% | 1.16% | 4 |
| 2015 | $0.39 | +5.4% | 1.33% | 4 |
| 2014 | $0.37 | +5.7% | 1.25% | 4 |
| 2013 | $0.35 | +6.1% | 1.28% | 4 |
| 2012 | $0.33 | +10.0% | 1.39% | 4 |
| 2011 | $0.30 | +15.4% | 2.04% | 4 |
| 2010 | $0.26 | +13.0% | 1.18% | 4 |
| 2009 | $0.23 | +15.0% | 1.16% | 4 |
| 2008 | $0.20 | +17.6% | 1.38% | 4 |
| 2007 | $0.17 | +9.7% | 0.76% | 4 |
| 2006 | $0.15 | — | 1.12% | 4 |
BMI dividend history
168 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-28 | 2026-09-11 | $0.44 | +10.0% | Quarterly |
| 2026-05-22 | 2026-06-05 | $0.4 | — | Quarterly |
| 2026-02-27 | 2026-03-13 | $0.4 | — | Quarterly |
| 2025-11-21 | 2025-12-05 | $0.4 | — | Quarterly |
| 2025-08-22 | 2025-09-05 | $0.4 | +17.6% | Quarterly |
| 2025-05-23 | 2025-06-06 | $0.34 | — | Quarterly |
| 2025-02-28 | 2025-03-14 | $0.34 | — | Quarterly |
| 2024-11-22 | 2024-12-06 | $0.34 | — | Quarterly |
| 2024-08-23 | 2024-09-06 | $0.34 | +25.9% | Quarterly |
| 2024-05-23 | 2024-06-07 | $0.27 | — | Quarterly |
| 2024-02-22 | 2024-03-08 | $0.27 | — | Quarterly |
| 2023-11-22 | 2023-12-08 | $0.27 | — | Quarterly |
| 2023-08-24 | 2023-09-08 | $0.27 | +20.0% | Quarterly |
| 2023-05-25 | 2023-06-09 | $0.225 | — | Quarterly |
| 2023-02-23 | 2023-03-10 | $0.225 | — | Quarterly |
| 2022-11-23 | 2022-12-09 | $0.225 | — | Quarterly |
Show all 168 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-25 | 2022-09-09 | $0.225 | +12.5% | Quarterly |
| 2022-05-26 | 2022-06-10 | $0.2 | — | Quarterly |
| 2022-02-24 | 2022-03-11 | $0.2 | — | Quarterly |
| 2021-11-24 | 2021-12-10 | $0.2 | — | Quarterly |
| 2021-08-26 | 2021-09-10 | $0.2 | +11.1% | Quarterly |
| 2021-05-27 | 2021-06-11 | $0.18 | — | Quarterly |
| 2021-02-25 | 2021-03-12 | $0.18 | — | Quarterly |
| 2020-11-25 | 2020-12-11 | $0.18 | — | Quarterly |
| 2020-08-27 | 2020-09-11 | $0.18 | +5.9% | Quarterly |
| 2020-05-28 | 2020-06-12 | $0.17 | — | Quarterly |
| 2020-02-27 | 2020-03-13 | $0.17 | — | Quarterly |
| 2019-11-27 | 2019-12-13 | $0.17 | — | Quarterly |
| 2019-08-29 | 2019-09-13 | $0.17 | +13.3% | Quarterly |
| 2019-05-30 | 2019-06-14 | $0.15 | — | Quarterly |
| 2019-02-27 | 2019-03-15 | $0.15 | — | Quarterly |
| 2018-11-29 | 2018-12-14 | $0.15 | — | Quarterly |
| 2018-08-30 | 2018-09-14 | $0.15 | +15.4% | Quarterly |
| 2018-05-30 | 2018-06-15 | $0.13 | — | Quarterly |
| 2018-02-27 | 2018-03-15 | $0.13 | — | Quarterly |
| 2017-11-29 | 2017-12-15 | $0.13 | — | Quarterly |
| 2017-08-29 | 2017-09-15 | $0.13 | +13.0% | Quarterly |
| 2017-05-26 | 2017-06-15 | $0.115 | — | Quarterly |
| 2017-02-24 | 2017-03-15 | $0.115 | — | Quarterly |
| 2016-11-28 | 2016-12-15 | $0.115 | — | Quarterly |
| 2016-08-29 | 2016-09-15 | $0.115 | +15.0% | Quarterly |
| 2016-05-26 | 2016-06-15 | $0.1 | — | Quarterly |
| 2016-02-25 | 2016-03-15 | $0.1 | — | Quarterly |
| 2015-11-25 | 2015-12-15 | $0.1 | — | Quarterly |
| 2015-08-27 | 2015-09-15 | $0.1 | +5.3% | Quarterly |
| 2015-05-27 | 2015-06-15 | $0.095 | — | Quarterly |
| 2015-02-25 | 2015-03-13 | $0.095 | — | Quarterly |
| 2014-11-25 | 2014-12-15 | $0.095 | — | Quarterly |
| 2014-08-27 | 2014-09-15 | $0.095 | +5.6% | Quarterly |
| 2014-05-28 | 2014-06-13 | $0.09 | — | Quarterly |
| 2014-02-26 | 2014-03-14 | $0.09 | — | Quarterly |
| 2013-11-26 | 2013-12-13 | $0.09 | — | Quarterly |
| 2013-08-28 | 2013-09-13 | $0.09 | +5.9% | Quarterly |
| 2013-05-29 | 2013-06-14 | $0.085 | — | Quarterly |
| 2013-02-26 | 2013-03-15 | $0.085 | — | Quarterly |
| 2012-11-28 | 2012-12-14 | $0.085 | — | Quarterly |
| 2012-08-29 | 2012-09-14 | $0.085 | +6.2% | Quarterly |
| 2012-05-29 | 2012-06-15 | $0.08 | — | Quarterly |
| 2012-02-27 | 2012-03-15 | $0.08 | — | Quarterly |
| 2011-11-28 | 2011-12-15 | $0.08 | — | Quarterly |
| 2011-08-29 | 2011-09-15 | $0.08 | +14.3% | Quarterly |
| 2011-05-26 | 2011-06-15 | $0.07 | — | Quarterly |
| 2011-02-24 | 2011-03-15 | $0.07 | — | Quarterly |
| 2010-11-26 | 2010-12-15 | $0.07 | — | Quarterly |
| 2010-08-27 | 2010-09-15 | $0.07 | +16.7% | Quarterly |
| 2010-05-26 | 2010-06-15 | $0.06 | — | Quarterly |
| 2010-02-24 | 2010-03-15 | $0.06 | — | Quarterly |
| 2009-11-27 | 2009-12-15 | $0.06 | — | Quarterly |
| 2009-08-28 | 2009-09-15 | $0.06 | +9.1% | Quarterly |
| 2009-05-28 | 2009-06-15 | $0.055 | — | Quarterly |
| 2009-02-25 | 2009-03-13 | $0.055 | — | Quarterly |
| 2008-11-26 | 2008-12-15 | $0.055 | — | Quarterly |
| 2008-08-27 | 2008-09-15 | $0.055 | +22.2% | Quarterly |
| 2008-05-28 | 2008-06-13 | $0.045 | — | Quarterly |
| 2008-02-27 | 2008-03-14 | $0.045 | — | Quarterly |
| 2007-11-28 | 2007-12-14 | $0.045 | — | Quarterly |
| 2007-08-29 | 2007-09-14 | $0.045 | +12.5% | Quarterly |
| 2007-05-30 | 2007-06-15 | $0.04 | — | Quarterly |
| 2007-02-26 | 2007-03-15 | $0.04 | — | Quarterly |
| 2006-11-29 | 2006-12-15 | $0.04 | — | Quarterly |
| 2006-08-30 | 2006-09-15 | $0.04 | +6.7% | Quarterly |
| 2006-05-30 | 2006-06-15 | $0.0375 | — | Quarterly |
| 2006-02-24 | 2006-03-15 | $0.0375 | — | Quarterly |
| 2005-11-29 | 2005-12-15 | $0.0375 | — | Quarterly |
| 2005-08-30 | 2005-09-15 | $0.0375 | +7.1% | Quarterly |
| 2005-05-27 | 2005-06-15 | $0.035 | — | Quarterly |
| 2005-02-24 | 2005-03-15 | $0.035 | +100.0% | Quarterly |
| 2004-11-29 | 2004-12-15 | $0.0175 | −50.0% | |
| 2004-08-30 | 2004-09-15 | $0.035 | +3.7% | Quarterly |
| 2004-05-27 | 2004-06-15 | $0.0338 | — | Quarterly |
| 2004-02-25 | 2004-03-15 | $0.0338 | — | Quarterly |
| 2003-11-26 | 2003-12-15 | $0.0338 | — | Quarterly |
| 2003-08-27 | 2003-09-15 | $0.0338 | +3.8% | Quarterly |
| 2003-05-28 | 2003-06-13 | $0.0325 | — | Quarterly |
| 2003-02-26 | 2003-03-14 | $0.0325 | — | Quarterly |
| 2002-11-26 | 2002-12-13 | $0.0325 | — | Quarterly |
| 2002-08-28 | 2002-09-13 | $0.0325 | +4.0% | Quarterly |
| 2002-05-29 | 2002-06-14 | $0.0312 | — | Quarterly |
| 2002-02-26 | 2002-03-15 | $0.0312 | — | Quarterly |
| 2001-11-28 | 2001-12-14 | $0.0312 | — | Quarterly |
| 2001-08-29 | 2001-09-14 | $0.0312 | — | Quarterly |
| 2001-05-30 | 2001-06-15 | $0.0312 | — | Quarterly |
| 2001-02-26 | 2001-03-15 | $0.0312 | +16.3% | Quarterly |
| 2000-11-29 | 2000-12-15 | $0.0269 | — | Quarterly |
| 2000-08-30 | 2000-09-15 | $0.0269 | — | Quarterly |
| 2000-05-30 | 2000-06-15 | $0.0269 | — | Quarterly |
| 2000-02-25 | 2000-03-15 | $0.0269 | +19.5% | Quarterly |
| 1999-11-29 | 1999-12-15 | $0.0225 | — | Quarterly |
| 1999-08-30 | 1999-09-15 | $0.0225 | — | Quarterly |
| 1999-05-27 | 1999-06-15 | $0.0225 | — | Quarterly |
| 1999-02-24 | 1999-03-15 | $0.0225 | +20.0% | Quarterly |
| 1998-11-27 | 1998-12-15 | $0.0187 | — | Quarterly |
| 1998-08-28 | 1998-09-15 | $0.0187 | — | Quarterly |
| 1998-05-28 | 1998-06-15 | $0.0187 | — | Quarterly |
| 1998-02-25 | 1998-03-13 | $0.0187 | +20.0% | Quarterly |
| 1997-11-26 | 1997-12-15 | $0.0156 | — | Quarterly |
| 1997-08-27 | 1997-09-15 | $0.0156 | — | Quarterly |
| 1997-05-28 | 1997-06-13 | $0.0156 | +13.7% | Quarterly |
| 1997-02-26 | 1997-03-14 | $0.0138 | — | Quarterly |
| 1996-11-26 | 1996-12-13 | $0.0138 | — | Quarterly |
| 1996-08-28 | 1996-09-13 | $0.0138 | — | Quarterly |
| 1996-05-29 | 1996-06-14 | $0.0138 | +10.0% | Quarterly |
| 1996-02-27 | 1996-03-14 | $0.0125 | — | Quarterly |
| 1995-11-29 | 1995-12-14 | $0.0125 | — | Quarterly |
| 1995-08-30 | 1995-09-14 | $0.0125 | — | Quarterly |
| 1995-05-25 | 1995-06-14 | $0.0125 | +9.8% | Quarterly |
| 1995-02-23 | 1995-03-14 | $0.0114 | — | Quarterly |
| 1994-11-25 | 1994-12-14 | $0.0114 | — | Quarterly |
| 1994-08-26 | 1994-09-14 | $0.0114 | — | Quarterly |
| 1994-05-25 | 1994-06-14 | $0.0114 | +10.4% | Quarterly |
| 1994-02-23 | 1994-03-14 | $0.0103 | — | Quarterly |
| 1993-11-24 | 1993-12-14 | $0.0103 | — | Quarterly |
| 1993-08-26 | 1993-09-14 | $0.0103 | — | Quarterly |
| 1993-05-25 | 1993-06-15 | $0.0103 | +8.5% | Quarterly |
| 1993-02-23 | 1993-03-15 | $0.0095 | — | Quarterly |
| 1992-11-24 | 1992-12-14 | $0.0095 | — | Quarterly |
| 1992-08-26 | 1992-09-15 | $0.0095 | — | Quarterly |
| 1992-05-26 | 1992-06-15 | $0.0095 | +0.6% | Quarterly |
| 1992-02-24 | 1992-03-13 | $0.0094 | — | Quarterly |
| 1991-11-22 | 1991-12-13 | $0.0094 | — | Quarterly |
| 1991-08-27 | 1991-09-16 | $0.0094 | — | Quarterly |
| 1991-05-24 | 1991-06-14 | $0.0094 | — | Quarterly |
| 1991-02-25 | 1991-03-15 | $0.0094 | — | Quarterly |
| 1990-11-26 | 1990-12-14 | $0.0094 | — | Quarterly |
| 1990-08-27 | 1990-09-14 | $0.0094 | — | Quarterly |
| 1990-05-25 | 1990-06-15 | $0.0094 | — | Quarterly |
| 1990-02-23 | 1990-03-15 | $0.0094 | −93.8% | Quarterly |
| 1989-11-27 | 1989-12-15 | $0.152 | — | Quarterly |
| 1989-08-28 | 1989-09-15 | $0.152 | +10.5% | Quarterly |
| 1989-05-25 | 1989-06-15 | $0.1376 | — | |
| 1989-02-23 | 1989-03-15 | $0.1376 | — | |
| 1988-11-25 | 1988-12-15 | $0.1376 | — | |
| 1988-08-26 | 1988-09-15 | $0.1376 | — | |
| 1988-05-25 | 1988-06-15 | $0.1376 | — | |
| 1988-02-24 | 1988-03-15 | $0.1376 | — | |
| 1987-12-09 | 1988-01-04 | $0.1376 | — | |
| 1987-08-27 | 1987-09-15 | $0.1376 | — | |
| 1987-05-28 | 1987-06-15 | $0.1376 | — | |
| 1987-02-17 | 1987-03-16 | $0.1376 | +9.6% | |
| 1986-11-24 | 1987-01-05 | $0.1256 | — | |
| 1986-08-25 | — | $0.1256 | — | |
| 1986-05-21 | — | $0.1256 | +25.6% | |
| 1986-02-24 | — | $0.1 | — | |
| 1985-12-09 | — | $0.1 | — | |
| 1985-08-22 | — | $0.1 | — | |
| 1985-05-24 | — | $0.1 | — | |
| 1985-02-25 | — | $0.1 | — | |
| 1984-12-10 | — | $0.1 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
BMI stock split history
- 2:1September 16, 2016
- 2:1June 16, 2006
- 2:1December 13, 2004
- 2:1April 21, 1997
BMI dividend overview
Badger Meter pays an annual dividend of $1.76 per share, a yield of 1.39% at the latest close, paid quarterly. It paid $1.48 per share in 2025, up 21.3% from 2024. It has raised its dividend for 21 consecutive years. Over five years the dividend grew 16.2% a year on average and over ten years 14.3% a year. The payout ratio is 38.3% of trailing earnings.
Related: BMI cash flow statement, BMI key metrics, BMI chart. See the BMI stock overview for the latest quote and news.
BMI dividends FAQ
Does Badger Meter pay a dividend?
Yes. Badger Meter has paid a regular dividend since 1984, quarterly, most recently $0.44 per share with an ex-dividend date of August 28, 2026.
What is Badger Meter's dividend yield?
Badger Meter's forward annual dividend is $1.76 per share, a dividend yield of 1.39% at the latest close of $126.48.
How often does Badger Meter pay dividends?
Badger Meter pays dividends quarterly.
How fast is Badger Meter's dividend growing?
Badger Meter's dividend per share grew from $0.70 in 2020 to $1.48 in 2025, 16.2% a year on average over five years; it has increased for 21 years in a row.
What is Badger Meter's dividend payout ratio?
Badger Meter pays out 38.3% of its trailing earnings as dividends and 25.7% of its free cash flow (fiscal 2025).
Has Badger Meter split its stock?
Badger Meter has split its stock 4 times: 2:1 on September 16, 2016, 2:1 on June 16, 2006, 2:1 on December 13, 2004, 2:1 on April 21, 1997. Dividends per share on this page are adjusted for splits.