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Badger Meter (Badger Meter) 3-Year Dividend Growth Rate : 12.20% (As of Mar. 2024)


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What is Badger Meter 3-Year Dividend Growth Rate?

Badger Meter's Dividends per Share for the three months ended in Mar. 2024 was $0.27.

The historical rank and industry rank for Badger Meter's 3-Year Dividend Growth Rate or its related term are showing as below:

BMI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 10.4   Max: 78.3
Current: 12.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Badger Meter was 78.30% per year. The lowest was 1.80% per year. And the median was 10.40% per year.

BMI's 3-Year Dividend Growth Rate is ranked worse than
52.02% of 892 companies
in the Hardware industry
Industry Median: 13.7 vs BMI: 12.20

During the past 12 months, Badger Meter's average Dividends Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Badger Meter's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.27. As of today, Badger Meter's Dividend Yield % is 0.57%.

Warning Sign:

Badger Meter Inc stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Badger Meter's 3-Year Dividend Growth Rate

For the Scientific & Technical Instruments subindustry, Badger Meter's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Badger Meter's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Badger Meter's 3-Year Dividend Growth Rate falls into.



Badger Meter 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Badger Meter  (NYSE:BMI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Badger Meter's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.27/ 0.99
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Badger Meter was 0.59. The lowest was 0.30. And the median was 0.39.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Badger Meter Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2702024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-11-222023-11-242023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-08-242023-08-252023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.2252023-05-252023-05-262023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Badger Meter's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.035/183.78
=0.56 %

Current Share Price is $183.78.
Badger Meter's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.035.

During the past 13 years, the highest Dividend Yield of Badger Meter was 1.55%. The lowest was 0.54%. And the median was 1.06%.

Warning Sign:

Badger Meter Inc stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Badger Meter 3-Year Dividend Growth Rate Related Terms>


Badger Meter (Badger Meter) Business Description

Industry
Traded in Other Exchanges
Address
4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
Executives
Todd A. Adams director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Kimberly K Stoll officer: VP-Marketing 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Fred J Begale officer: VP-Engineering 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Richard Htwe officer: VP-Global Operations 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Lars Bo Kristensen officer: VP-Global Flow and Intl Water 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Bergum William R A officer: VP-Gen. Counsel and Secretary P O BOX 245036, 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Xia Liu director ONE ENERGY PLACE, PENSACOLA FL 32520
Gregory M Gomez officer: VP-Engineering 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew L Stuyvenberg officer: Vice President-Water Quality 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Henry F Brooks director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Gail A Lione director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Sheryl Hopkins officer: VP - Human Resources 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Richard A Meeusen director, officer: President & CEO, other: Co-trustee, Officers Voting Tr P O BOX 23099, MILWAUKEE WI 532230099
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075

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