Badger Meter Declares Regular Quarterly Cash Dividend; Renews Share Repurchase Program
February 14 2020 - 4:15PM
Business Wire
The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today
declared a regular quarterly cash dividend of seventeen cents
($0.17) per share, payable on March 13, 2020 to shareholders of
record as of February 28, 2020.
The Company also announced that its Board of Directors
authorized a limited, three-year stock repurchase program that
allows the Company to purchase up to 400,000 shares on the open
market (or in privately negotiated transactions) at prevailing
prices, to be used for issuance under the Company’s stock-based
employee benefit plans, subject to market conditions, applicable
legal requirements and other factors.
About Badger Meter
Badger Meter is an innovator in flow measurement, control and
communications solutions, serving water utilities, municipalities,
and commercial and industrial customers worldwide. The Company’s
products measure water, oil, chemicals, and other fluids, and are
known for accuracy, long-lasting durability and for providing
valuable and timely measurement data. For more information, visit
www.badgermeter.com
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Karen Bauer at (414) 371-7276 kbauer@badgermeter.com
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