MILWAUKEE--(BUSINESS WIRE)--The Badger Meter, Inc. (NYSE: BMI) Board of Directors today declared a regular quarterly cash dividend of $0.115 per share to shareholders of record May 31, 2017, payable June 15, 2017. This is the same amount voted in the previous quarter.
As previously announced, two members of the Board of Directors did not stand for re-election at the company’s annual shareholders’ meeting held today. As planned, the Board decreased the number of directors constituting the Board by two to a total of nine, with eight members serving as independent directors, effective today.
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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