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Badge Meter Raises Dividend 6%

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Flow measurement products-maker Badge Meter 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 Badge Meter's stock.

BMI Dividend Chart


BMI Dividend data by YCharts

The article Badge Meter Raises Dividend 6% originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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