Flow measurement products-maker Badger Meter (NYSE:BMI) announced today its third-quarter dividend of $0.18 per share, a 6% increase in the payout it made last quarter of $0.17 per share.

The board of directors said the quarterly dividend is payable on Sept. 13 to the holders of record at the close of business on Aug. 30. The regular dividend payment equates to a $0.72-per-share annual dividend, yielding 1.5% based on the closing price today of Badger Meter's stock.

BMI Dividend Chart

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