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NEW YORK ( TheStreet) -- The ex-dividend date for Badger Meter (NYSE: BMI) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $34.43 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for Badger Meter has been 106,400 shares per day over the past 30 days. Badger Meter has a market cap of $489.2 million and is part of the technology sector and electronics industry. Shares are up 16.8% year to date as of the close of trading on Thursday. Badger Meter, Inc. engages in manufacturing and marketing liquid flow measurement and control technology products worldwide. Its products are used in various applications, including water, oil, and chemicals. The company has a P/E ratio of 26.7, above the average electronics industry P/E ratio of 20 and above the S&P 500 P/E ratio of 17.7.