Market Overview

Analyzing Badger Meter's Ex-Dividend Date


On November 13, 2020, Badger Meter (NYSE: BMI) announced shareholders can expect to receive a dividend payable on December 11, 2020. The stock will then go ex-dividend 2 business day(s) before the record date. Badger Meter has an ex-dividend date set for for November 25, 2020. The company's current dividend payout is $0.18, which equates to a dividend yield of 0.94% at current price levels.

What Is An Ex-Dividend Date?

An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding Badger Meter's Dividend History

Over the past year, Badger Meter has experienced an overall upward trend regarding its dividend payouts and a downward trend regarding its yields. Last year on November 27, 2019 the company's payout was $0.17, which has since grown by $0.01. Badger Meter's dividend yield last year was 1.16%, which has since decreased by 0.22%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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Posted-In: Dividends