SmarterDividends
BMI

Badger Meter, Inc.

BMI35 yrs growth

Technology · Stock · quarterly payer

Forward Yield

1.25%

Annual Dividend

$1.60

Payout Ratio

35%

5-Yr Growth

16.2%

Ex-Date

May 22, 2026

Frequency

Quarterly

BMI Dividend Safety Score

92/ 100
Grade A

Very Safe

Dividend-growth streak35 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage35% of earnings paid out
Free-cash-flow coverage33% of free cash flow
Yield vs its historyYield is 1.7× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is BMI a good dividend stock?

Yes

Badger Meter, Inc. (BMI) pays a quarterly dividend yielding 1.25% ($1.60/yr), with 35 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 35 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (35%)
  • Strong 16.2% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.25%
Payout Ratio
35%
Annual Dividend
$1.60
5-Yr Avg Growth
16.2%
Ex-Dividend Date
May 22, 2026
Years of Growth
35
Frequency
quarterly
Beta
0.68
Market Cap
$3.7B
P/E Ratio
29.0
5-Yr Total Return
30%
52-Week Range
$112.09 – $252.53
Dividend Safety
A · 92/100
Ever Cut?
No
BMI ex-dividend date & scheduleNext ex-date May 22, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.60 / yr per share

Per payment (quarterly)$40.00
Annual$160.00
Monthly avg$13.33