Badger Meter (BMI) Continues to Deliver Strong Growth and Dividend Consistency

Core Insights - Badger Meter, Inc. (NYSE:BMI) is recognized as a high-quality company with strong operational performance and potential for profit margin expansion in an attractive industry [2][3] - The company has demonstrated consistent growth, with sales and free cash flow increasing by 15% and 16% respectively over the past five years, while dividends have been raised by 14% [2] - Badger Meter's BlueEdge solution aims to modernize outdated mechanical systems used by US water and sewer utilities, positioning the company to benefit from long-term industry trends [3] Dividend Performance - On August 11, Badger Meter raised its quarterly dividend by 17.6% to $0.40 per share, marking 33 consecutive years of dividend growth [4] - As of October 28, the stock offers a dividend yield of 0.87%, making it appealing for income-focused investors [4] Strategic Acquisitions - The company has a strong history of strategic acquisitions, having acquired 14 companies since 2010, which has further strengthened its market position [3]