MILWAUKEE--(BUSINESS WIRE)--The Badger Meter, Inc. (NYSE: BMI) Board of Directors today declared a regular quarterly cash dividend of $0.13 per share to shareholders of record February 28, 2018, payable March 15, 2018. This is the same amount voted in the previous quarter.
The company also announced the retirement of Andrew J. Policano from the Board of Directors, effective April 27, 2018. Policano is the former dean of the Paul Merage School of Business at the University of California – Irvine, and has served as a member of the Board of Directors of Badger Meter since 1997.
“On behalf of the entire Board of Directors, I want to thank Andy for his service to Badger Meter these past 20 years. The Board and the entire company benefitted from his knowledge of new academic research pertaining to business issues, as well as his thoughtful reasoning and valued counsel,” said Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter.
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.
Badger Meter company news is available 24 hours a day, online at: http://www.badgermeter.com.