NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $35.67 as of 9:30 a.m. ET, the dividend yield is 1.6%.
The average volume for Badger Meter has been 119,600 shares per day over the past 30 days. Badger Meter has a market cap of $541.5 million and is part of the
industry. Shares are down 19% year to date as of the close of trading on Tuesday.
Badger Meter, Inc. engages in manufacturing and marketing flow measurement and control products for water utilities, municipalities, and industrial customers worldwide. Its products are used to measure and control the flow of liquids in various applications. The company has a P/E ratio of 20.3, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Badger Meter as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full