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Badger Meter Increases Dividend

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The Board of Directors of Badger Meter, Inc. (NYSE:BMI) today
authorized a 15% increase in its quarterly common stock dividend to
$0.15 per share from $0.13 per share. The increased dividend is payable
September 14, 2018, to shareholders of record on August 31, 2018. The
new annual dividend rate for common stock is $0.60 per share.

"I am proud of the fact that we have increased dividends for twenty-six
consecutive years. This year's increase demonstrates the continuing
confidence we have in the cash generation potential of Badger Meter, as
well as our ongoing commitment to shareholder value," said Richard A.
Meeusen, chairman and chief executive officer.

About Badger Meter

Badger Meter is an innovator in flow measurement, control and
communications solutions, serving water utilities, municipalities, and
commercial and industrial customers worldwide. The Company's products
measure water, oil, chemicals, and other fluids, and are known for
accuracy, long-lasting durability and for providing valuable and timely
measurement data. For more information, visit www.badgermeter.com.

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