Dividend Flows: Badger Meter, Inc. (NYSE:BMI) dividends will reach $0.12 on Dec 15, 2016, and this is why.

Dividend Flows: Badger Meter, Inc. (NYSE:BMI) dividends will reach $0.12 on Dec 15, 2016, and this is why.

Badger Meter, Inc. (NYSE:BMI) is expected to pay $0.12 on Dec 15, 2016. The indicated annual dividend is $0.46. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Badger Meter, Inc.’s current price of $36.30, the dividend is 0.32%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 14, 2016. The stock increased 0.28% or $0.1 on November 25, hitting $36.3. About 54,598 shares traded hands. Badger Meter, Inc. (NYSE:BMI) has risen 2.99% since April 25, 2016 and is uptrending. It has underperformed by 3.02% the S&P500.

Badger Meter, Inc. is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial clients across the world. The company has a market cap of $1.06 billion. The Company’s products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. It has a 33.27 P/E ratio. The Company’s product lines include two categories, such as sales of water meters and related technologies to municipal water utilities , and sales of meters to various industries for water and other fluids (flow instrumentation).

Insitutional Activity: The institutional sentiment increased to 1.83 in Q2 2016. Its up 0.91, from 0.92 in 2016Q1. The ratio improved, as 14 funds sold all Badger Meter, Inc. shares owned while 50 reduced positions. 16 funds bought stakes while 43 increased positions. They now own 11.13 million shares or 6.43% less from 11.89 million shares in 2016Q1.
State Of Tennessee Treasury Department has 11,573 shares for 0% of their US portfolio. Group Inc owns 10,527 shares or 0% of their US portfolio. Magnetar Financial holds 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 5,665 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.06% invested in Badger Meter, Inc. (NYSE:BMI) for 58,400 shares. Employees Retirement Sys Of Texas last reported 0.03% of its portfolio in the stock. Arizona State Retirement Systems holds 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 7,597 shares. Bridgeway Mngmt Incorporated last reported 0% of its portfolio in the stock. Capstone Asset Mngmt Co last reported 4,893 shares in the company. Ridgeworth Management Limited Liability Corporation last reported 0.32% of its portfolio in the stock. Old Natl Bank In holds 0.01% or 3,588 shares in its portfolio. Raymond James & Associate accumulated 0% or 3,280 shares. Moreover, Blackrock Institutional Trust Company Na has 0% invested in Badger Meter, Inc. (NYSE:BMI) for 369,721 shares. Thrivent Financial For Lutherans holds 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 7,010 shares. Schwab Charles Inv accumulated 50,069 shares or 0% of the stock. Blackrock Incorporated accumulated 6,557 shares or 0% of the stock.

Insider Transactions: Since August 23, 2016, the stock had 0 insider purchases, and 10 sales for $2.23 million net activity. $172,595 worth of Badger Meter, Inc. (NYSE:BMI) was sold by JOHNSON RICHARD E on Thursday, November 10. MEEUSEN RICHARD A had sold 10,000 shares worth $356,585. $121,765 worth of Badger Meter, Inc. (NYSE:BMI) shares were sold by DIX RONALD H. $113,527 worth of Badger Meter, Inc. (NYSE:BMI) shares were sold by Begale Fred J. Another trade for 2,250 shares valued at $146,450 was made by BERGUM WILLIAM R A on Monday, September 12.

Badger Meter, Inc. (NYSE:BMI) Ratings Coverage

Out of 5 analysts covering Badger Meter (NYSE:BMI), 0 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 0 are positive. $63 is the highest target while $50 is the lowest. The $55 average target is 51.52% above today’s ($36.3) stock price. Badger Meter has been the topic of 8 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was initiated on Wednesday, October 7 by Gabelli. The rating was downgraded by Ladenburg Thalmann to “Sell” on Friday, March 18. As per Tuesday, July 21, the company rating was downgraded by Robert W. Baird. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, April 20. Sidoti initiated the shares of BMI in a report on Tuesday, April 12 with “Neutral” rating. Robert W. Baird upgraded the shares of BMI in a report on Wednesday, February 3 to “Outperform” rating.

More important recent Badger Meter, Inc. (NYSE:BMI) news were published by: Marketwatch.com which released: “Badger Meter downgraded to neutral from outperform at RW Baird” on December 21, 2009, also Wsj.com published article titled: “Badger Meter Explores a Sale, With Auction Process in Early Stages”, Wsj.com published: “Badger Meter Plans Stock Split, Dividend Increase” on August 12, 2016. More interesting news about Badger Meter, Inc. (NYSE:BMI) was released by: Biztimes.com and their article: “Badger Meter opens $5.5 million customer center” with publication date: August 04, 2016.

BMI Company Profile

Badger Meter, Inc., incorporated on March 9, 1905, is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial clients across the world. The Company’s products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. The Company’s product lines include two categories, such as sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation).

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