Badger Meter Raises Dividend A Penny, Or 9 Percent
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MILWAUKEE (AP) Badger Meter Inc. on Friday raised its dividend by a penny, or 9 percent, to 12 cents per share, payable Sept. 15 to stockholders of record as of Sept. 1.
Shares of the company, which makes water meters, fell $1.29, or 3.3 percent, to $37.82 in afternoon trading. Late Thursday, Badger Meter said second-quarter sales slid to $67.8 million from $74.7 million. Analysts polled by Thomson Reuters expected revenue of $71.2 million.- Loading Comments...
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