Badger Meter (BMI) Dividend History & Yield
Dividend ContenderBadger Meter (BMI) has increased its dividend for 22 consecutive years and currently yields 1.27%. The most recent dividend was $0.4000/share on Mar 13, 2026, paid Quarterly.
BMI
Current Yield
1.27%
TTM Dividend/Share
$1.60
Payment Frequency
Quarterly
Payout Ratio
36.1%
Consecutive Growth Years
22 (Dividend Contender)
Div Growth (1Y CAGR)
21.31%
Div Growth (5Y CAGR)
16.15%
Div Growth (10Y CAGR)
14.27%
BMI: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
17.4%
FCF payout ratio
7.0%
Net debt / EBITDA
-1.0x
Interest coverage
0.00x
ROIC (TTM)
18.8%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 36.1%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.77) covers dividend/share ($1.60).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
22 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 7.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -1.0x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (16.2%) exceeds EPS growth (15.1%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 22, 2026
- Payment date
- Jun 5, 2026
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Feb 27, 2026
- Payment date
- Mar 13, 2026
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Nov 21, 2025
- Payment date
- Dec 5, 2025
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date Aug 22, 2025
- Payment date
- Sep 5, 2025
- Dividend
- $0.4000
- Adj. dividend
- $0.4000
Ex-date May 23, 2025
- Payment date
- Jun 6, 2025
- Dividend
- $0.3400
- Adj. dividend
- $0.3400
Ex-date Feb 28, 2025
- Payment date
- Mar 14, 2025
- Dividend
- $0.3400
- Adj. dividend
- $0.3400
Ex-date Nov 22, 2024
- Payment date
- Dec 6, 2024
- Dividend
- $0.3400
- Adj. dividend
- $0.3400
Ex-date Aug 23, 2024
- Payment date
- Sep 6, 2024
- Dividend
- $0.3400
- Adj. dividend
- $0.3400
Ex-date May 23, 2024
- Payment date
- Jun 7, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Feb 22, 2024
- Payment date
- Mar 8, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Nov 22, 2023
- Payment date
- Dec 8, 2023
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Aug 24, 2023
- Payment date
- Sep 8, 2023
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 22, 2026 | Jun 5, 2026 | $0.4000 | $0.4000 |
| Feb 27, 2026 | Mar 13, 2026 | $0.4000 | $0.4000 |
| Nov 21, 2025 | Dec 5, 2025 | $0.4000 | $0.4000 |
| Aug 22, 2025 | Sep 5, 2025 | $0.4000 | $0.4000 |
| May 23, 2025 | Jun 6, 2025 | $0.3400 | $0.3400 |
| Feb 28, 2025 | Mar 14, 2025 | $0.3400 | $0.3400 |
| Nov 22, 2024 | Dec 6, 2024 | $0.3400 | $0.3400 |
| Aug 23, 2024 | Sep 6, 2024 | $0.3400 | $0.3400 |
| May 23, 2024 | Jun 7, 2024 | $0.2700 | $0.2700 |
| Feb 22, 2024 | Mar 8, 2024 | $0.2700 | $0.2700 |
| Nov 22, 2023 | Dec 8, 2023 | $0.2700 | $0.2700 |
| Aug 24, 2023 | Sep 8, 2023 | $0.2700 | $0.2700 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Badger Meter has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 22 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.4800 | — | — |
| 2025 | $1.2200 | $1.4800 | +21.3% |
| 2024 | $0.9900 | $1.2200 | +23.2% |
| 2023 | $0.8500 | $0.9900 | +16.5% |
| 2022 | $0.7600 | $0.8500 | +11.8% |
| 2021 | $0.7000 | $0.7600 | +8.6% |
| 2020 | $0.6400 | $0.7000 | +9.4% |
| 2019 | $0.5600 | $0.6400 | +14.3% |
| 2018 | $0.4900 | $0.5600 | +14.3% |
| 2017 | $0.4300 | $0.4900 | +14.0% |
| 2016 | $0.3900 | $0.4300 | +10.3% |
| 2015 | $0.3700 | $0.3900 | +5.4% |
| 2014 | $0.3500 | $0.3700 | +5.7% |
| 2013 | $0.3300 | $0.3500 | +6.1% |
| 2012 | $0.3000 | $0.3300 | +10.0% |
| 2011 | $0.2600 | $0.3000 | +15.4% |
| 2010 | $0.2300 | $0.2600 | +13.0% |
| 2009 | $0.2000 | $0.2300 | +15.0% |
| 2008 | $0.1700 | $0.2000 | +17.6% |
| 2007 | $0.1550 | $0.1700 | +9.7% |
| 2006 | $0.1450 | $0.1550 | +6.9% |
| 2005 | $0.1200 | $0.1450 | +20.8% |
| 2004 | $0.1325 | $0.1200 | -9.4% |
| 2003 | $0.1275 | $0.1325 | +3.9% |
| 2002 | $0.1250 | $0.1275 | +2.0% |
| 2001 | $0.1075 | $0.1250 | +16.3% |
| 2000 | $0.0900 | $0.1075 | +19.4% |
| 1999 | $0.0750 | $0.0900 | +20.0% |
| 1998 | $0.0606 | $0.0750 | +23.7% |
| 1997 | $0.0537 | $0.0606 | +12.8% |
| 1996 | $0.0489 | $0.0537 | +10.0% |
| 1995 | $0.0444 | $0.0489 | +10.0% |
| 1994 | $0.0404 | $0.0444 | +10.0% |
| 1993 | $0.0378 | $0.0404 | +6.9% |
| 1992 | $0.0378 | $0.0378 | +0.1% |
| 1991 | $0.0378 | $0.0378 | 0.0% |
| 1990 | $0.5792 | $0.0378 | -93.5% |
| 1989 | $0.5504 | $0.5792 | +5.2% |
| 1988 | $0.5504 | $0.5504 | 0.0% |
| 1987 | $0.4768 | $0.5504 | +15.4% |
| 1986 | $0.4000 | $0.4768 | +19.2% |
| 1985 | — | $0.4000 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Badger Meter (BMI) from the consolidated cash flow statement, in USD as filed.
Latest period
$45.22M
YoY change
+21.4%
5Y CAGR
+16.4%
Peak year (2025)
$43.53M
Latest annual
$43.53M
Cash dividends paid over time for Badger Meter (BMI)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Badger Meter (BMI)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $43.53M | +21.4% | +$7.68M | ||
| 2024 | $35.85M | +23.4% | +$6.79M | ||
| 2023 | $29.05M | +16.8% | +$4.17M | ||
| 2022 | $24.88M | +12.3% | +$2.73M | ||
| 2021 | $22.16M | +8.9% | +$1.81M | ||
| 2020 | $20.34M | +9.4% | +$1.75M | ||
| 2019 | $18.59M | +14.3% | +$2.33M | ||
| 2018 | $16.27M | +14.4% | +$2.05M | ||
| 2017 | $14.21M | +14.1% | +$1.75M | ||
| 2016 | $12.46M | +10.7% | +$1.20M | ||
| 2015 | $11.26M | +5.9% | +$628,000 | ||
| 2014 | $10.63M | +6.3% | +$629,000 | ||
| 2013 | $10.00M | +5.2% | +$491,000 | ||
| 2012 | $9.51M | +5.4% | +$490,000 | ||
| 2011 | $9.02M | +15.9% | +$1.24M | ||
| 2010 | $7.78M | +14.0% | +$954,000 | ||
| 2009 | $6.83M | +16.7% | +$979,000 | ||
| 2008 | $5.85M | +20.2% | +$985,000 | ||
| 2007 | $4.87M | +12.5% | +$539,000 | ||
| 2006 | $4.33M | +10.3% | +$404,000 | ||
| 2005 | $3.92M | +8.0% | +$290,000 | ||
| 2004 | $3.63M | +6.1% | +$208,000 | ||
| 2003 | $3.42M | +6.0% | +$194,000 | ||
| 2002 | $3.23M | +2.1% | +$67,000 | ||
| 2001 | $3.16M | +11.0% | +$314,000 | ||
| 2000 | $2.85M | +14.0% | +$350,000 | ||
| 1999 | $2.50M | +19.0% | +$400,000 | ||
| 1998 | $2.10M | +23.5% | +$400,000 | ||
| 1997 | $1.70M | +13.3% | +$200,000 | ||
| 1996 | $1.50M | +15.4% | +$200,000 | ||
| 1995 | $1.30M | +8.3% | +$100,000 | ||
| 1994 | $1.20M | +9.1% | +$100,000 | ||
| 1993 | $1.10M | +10.0% | +$100,000 | ||
| 1992 | $1.00M | 0.0% | $0 | ||
| 1991 | $1.00M | +11.1% | +$100,000 | ||
| 1990 | $900,000 | 0.0% | $0 | ||
| 1989 | $900,000 | — | — |
2025's annual dividends paid for Badger Meter (BMI) came in at $43.53M – grew 21.4% year-over-year.
Badger Meter dividends paid compound annual growth for the 2020–2025 (5 years) window is +16.4%, sustaining 33 straight years of year-over-year growth.
Across the available history, dividends paid reached its high of $43.53M in 2025 and its low of $900,000 in 1989.
Among 8 Technology peers, Badger Meter (BMI) ranks 8th; the peer median for dividends paid is $6.80B.
Badger Meter Dividends Paid 2025: $43.53M
Badger Meter dividends paid in 2025 was $43.53M, grew 21.4% from 2024. This figure represents the highest annual value in the available history.
Badger Meter Dividends Paid 2024: $35.85M
Badger Meter dividends paid in 2024 was $35.85M, grew 23.4% from 2023.
Badger Meter Dividends Paid 2023: $29.05M
Badger Meter dividends paid in 2023 was $29.05M, grew 16.8% from 2022.
Badger Meter Dividends Paid 2022: $24.88M
Badger Meter dividends paid in 2022 was $24.88M, grew 12.3% from 2021.
Badger Meter Dividends Paid 2021: $22.16M
Badger Meter dividends paid in 2021 was $22.16M.
See more financial history for Badger Meter (BMI).
Sector peers by dividends paid
Companies in the same sector as Badger Meter, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| TSMC (TSM) | $471.61B | Technology |
| Microsoft (MSFT) | $24.08B | Technology |
| Apple (AAPL) | $15.42B | Technology |
| Broadcom (AVGO) | $11.14B | Technology |
| ASML (ASML) | $2.45B | Technology |
| NVIDIA (NVDA) | $974.00M | Technology |
| Micron Technology (MU) | $522.00M | Technology |
| AMD (AMD) | $0 | Technology |
Frequently asked questions
Does Badger Meter pay dividends?
Yes, Badger Meter (BMI) pays quarterly dividends of approximately $1.60 per share annually, yielding 1.27%.
What is Badger Meter's dividend yield?
Badger Meter (BMI) has a current dividend yield of 1.27%.
Is Badger Meter's dividend safe?
Badger Meter (BMI) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Badger Meter increased its dividend?
Badger Meter (BMI) has 22 consecutive years of dividend increases.
What is Badger Meter's dividend payout ratio?
Badger Meter (BMI) has a dividend payout ratio of 36.1%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Badger Meter's dividends paid?
Latest reported dividends paid for Badger Meter (BMI) is $45.22M (period ending March 31, 2026).
How has Badger Meter dividends paid changed year-over-year?
Badger Meter (BMI) dividends paid changed +21.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Badger Meter dividends paid?
Badger Meter (BMI) dividends paid compound annual growth rate is +16.4% over the most recent 5 years available.
When did Badger Meter dividends paid hit its highest annual value?
Badger Meter dividends paid reached its highest annual value of $43.53M in 2025.
What was Badger Meter dividends paid in 2024?
Badger Meter (BMI) dividends paid in 2024 was $35.85M.
What was Badger Meter dividends paid in 2025?
Badger Meter (BMI) dividends paid in 2025 was $43.53M.
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