BMI – Dividend Returns, History & Calculator

Dividend Champion 33 Years

Dividend Data

Div Yield 1.28%
5Y Avg Yield 0.71%
Current Div $0.400
Payouts/Year 4
Annualized $1.600
Previous Div $0.400
Ex-date May 22, 2026
Dividend Pay Date Jun 5, 2026

Price Data

Price $124.74
Price Change -0.79
Price Change % -0.63%
Next Earnings Report Apr 17, 2026
Low (52W) $112.09
High (52W) $256.08

Growth Rates

Chowder Number 18.6
DGR 1Y 17.6%
DGR 3Y 21.1%
DGR 5Y 17.3%
DGR 10Y 14.9%

Total Returns

TTR 1Y - With Specials -48.6%
TTR 3Y - With Specials -2.4%
TTR 1Y - No Specials -48.6%
TTR 3Y - No Specials -2.4%

Fair Value

Fair Value (P/E 10) $102.39
FV (P/E 10) % 22.0%
Fair Value (Peter Lynch) $22.10
FV (Peter Lynch) % 464.0%
Fair Value (Blended) $111.26
FV (Blended) % 12.0%

Financial Metrics

Revenue 1Y 10.9%
NPM 14.6%
CF/Share $6.32
ROE 19.6%
Current R 3.0x
ROTC 18.8%
P/E 28.2x
P/BV 5.3x
PEG 3.12

Company Info

Symbol BMI
Company Badger Meter, Inc.
Sector Technology
Industry Scientific & Technical Instruments
Website Visit
Market Cap $3,640.6M
📊 Financial data last updated: May 29, 2026 12:50 pm

Calculate your BMI Dividend Returns

Quickly and easily calculate BMI dividend yield using our BMI calculator. Adjust the fields below to see how your BMI investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: June 2, 2026 4:37 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00080$124.56$0.401.28%1.28%$139$13991$11,339
2$12,78391$140.43$0.451.29%1.46%$175$314101$14,159
3$15,963101$158.32$0.511.30%1.65%$218$532110$17,381
4$19,595110$178.49$0.581.30%1.87%$266$798118$21,061
5$23,745118$201.23$0.661.31%2.11%$322$1,121126$25,267
6$28,486126$226.87$0.751.32%2.40%$386$1,507133$30,072
7$33,904133$255.78$0.851.32%2.71%$460$1,967139$35,564
8$40,095139$288.36$0.961.33%3.07%$545$2,512145$41,840
9$47,171145$325.10$1.081.33%3.48%$643$3,155151$49,013
10$55,258151$366.52$1.231.34%3.94%$755$3,909156$57,212

BMI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
05/22/202605/22/2026$0.4001.27%1.27%$125.84
02/27/202602/27/2026$0.4001.01%1.05%$152.43
11/21/202511/21/2025$0.4000.83%0.90%$177.46
08/22/202508/22/2025$0.4000.75%0.85%$189.29
05/23/202505/23/2025$0.3400.56%0.56%$243.46
02/28/202502/28/2025$0.3400.61%0.65%$210.33
11/22/202411/22/2024$0.3400.55%0.62%$221.00
08/23/202408/23/2024$0.3400.57%0.67%$202.94
05/23/202405/23/2024$0.2700.54%0.54%$199.65
02/22/202402/22/2024$0.2700.66%0.69%$156.07
11/22/202311/22/2023$0.2700.67%0.73%$148.87
08/24/202308/24/2023$0.2700.59%0.67%$161.07
05/25/202305/25/2023$0.2250.66%0.66%$136.86
02/23/202302/23/2023$0.2250.74%0.76%$118.48
11/23/202211/23/2022$0.2250.73%0.77%$116.79
08/25/202208/25/2022$0.2250.83%0.90%$99.82
05/26/202205/26/2022$0.2001.05%1.05%$76.39
02/24/202202/24/2022$0.2000.79%0.81%$99.26
11/24/202111/24/2021$0.2000.71%0.75%$106.88
08/26/202108/26/2021$0.2000.71%0.76%$104.83
Page 1 of 1
Invest in BMI with Interactive Brokers

BMI 10-yr Total Return ($10,000 invested)

This analysis of BMI demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 15.7% CAGR, representing strong long-term performance. While recent 5-year returns averaged 6.6% annually, the exceptional 10-year performance of 15.7% demonstrates sustained long-term growth. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (BMI)

Over the selected period, investing $10,000 in BMI would grow to $45,500 with DRIP (355.0%), and $44,093 without DRIP (340.9%).

BMI Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in BMI with historic price growth (12.74%) and dividend growth (13.28%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $261,661

Annual Dividend: $3,695

Yield on Cost: 10.87%

Total Dividends: $22,131

No DRIP

Portfolio: $229,705

Total Dividends: $19,028

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $1,018,884

Annual Dividend: $15,085

Yield on Cost: 32.79%

Total Dividends: $98,204

No DRIP

Portfolio: $798,083

Total Dividends: $75,869

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $6,846 against a total investment of $25,600. At this point, your portfolio is throwing off $1,335 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,403, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $22,131 versus $34,000 invested, nearly a 65% recovery of capital purely from income. Yield on cost reaches 10.87%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $7,491 is greater than total contributions to date ($40,000), and cumulative dividends exceed $47,334.

By year 30, the DRIP snowball is in full force. Yearly income reaches $15,085, cumulative dividends total $98,204, and the DRIP portfolio value stands at $1,018,884, compared with $798,083 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for BMI, price $124.56, dividend per period $0.40 (4x/year), along with historic growth assumptions: price growth 12.74% and dividend growth 13.28% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for BMI

Based on past 10-year performance, here are BMI growth metrics:

Share price CAGR of +15.95%
Dividend CAGR of +14.87%

Using BMI CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

BMI (DRIP)BMI (No DRIP)
Current Price$124.56$124.56
Start Shares80.2880.28
Start Value$10,000$10,000
After 10 years:
Final Share Count90.6480.28
Dividends Payment$6.40$6.40
Annual Dividends$573$514
Yield on cost5.73%5.14%
Share Price$547.09$547.09
Total Dividends$3,191$2,977
Final Value$49,587$46,898

Estimated Future Value + Dividends – BMI

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

BMI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
05/22/202605/22/2026$0.4001.27%1.27%$125.84
02/27/202602/27/2026$0.4001.01%1.05%$152.43
11/21/202511/21/2025$0.4000.83%0.90%$177.46
08/22/202508/22/2025$0.4000.75%0.85%$189.29
05/23/202505/23/2025$0.3400.56%0.56%$243.46
02/28/202502/28/2025$0.3400.61%0.65%$210.33
11/22/202411/22/2024$0.3400.55%0.62%$221.00
08/23/202408/23/2024$0.3400.57%0.67%$202.94
05/23/202405/23/2024$0.2700.54%0.54%$199.65
02/22/202402/22/2024$0.2700.66%0.69%$156.07
11/22/202311/22/2023$0.2700.67%0.73%$148.87
08/24/202308/24/2023$0.2700.59%0.67%$161.07
05/25/202305/25/2023$0.2250.66%0.66%$136.86
02/23/202302/23/2023$0.2250.74%0.76%$118.48
11/23/202211/23/2022$0.2250.73%0.77%$116.79
08/25/202208/25/2022$0.2250.83%0.90%$99.82
05/26/202205/26/2022$0.2001.05%1.05%$76.39
02/24/202202/24/2022$0.2000.79%0.81%$99.26
11/24/202111/24/2021$0.2000.71%0.75%$106.88
08/26/202108/26/2021$0.2000.71%0.76%$104.83
05/27/202105/27/2021$0.1800.75%0.75%$95.49
02/25/202102/25/2021$0.1800.67%0.68%$106.51
11/25/202011/25/2020$0.1800.86%0.88%$81.62
08/27/202008/27/2020$0.1801.11%1.16%$62.20
05/28/202005/28/2020$0.1701.10%1.10%$62.01
02/27/202002/27/2020$0.1701.03%1.06%$64.35
11/27/201911/27/2019$0.1701.03%1.09%$62.20
08/29/201908/29/2019$0.1701.19%1.31%$52.07
05/30/201905/30/2019$0.1501.14%1.14%$52.84
02/27/201902/27/2019$0.1500.97%1.00%$59.83
11/29/201811/29/2018$0.1501.02%1.09%$55.09
08/30/201808/30/2018$0.1501.00%1.11%$54.25
05/30/201805/30/2018$0.1301.18%1.18%$44.15
02/27/201802/27/2018$0.1301.05%1.08%$48.05
11/29/201711/29/2017$0.1301.07%1.14%$45.70
08/29/201708/29/2017$0.1301.06%1.16%$44.85
05/26/201705/26/2017$0.1151.18%1.18%$39.10
02/24/201702/24/2017$0.1151.22%1.26%$36.55
11/28/201611/28/2016$0.1151.18%1.27%$36.35
08/29/201608/29/2016$0.1151.24%1.38%$33.42
05/26/201605/26/2016$0.1001.08%1.08%$36.93
02/25/201602/25/2016$0.1001.20%1.21%$33.02
11/25/201511/25/2015$0.1001.28%1.32%$30.36
08/27/201508/27/2015$0.1001.32%1.37%$29.25
05/27/201505/27/2015$0.0951.19%1.19%$31.89
02/25/201502/25/2015$0.0951.27%1.29%$29.45
11/25/201411/25/2014$0.0951.32%1.36%$27.96
08/27/201408/27/2014$0.0951.41%1.47%$25.83
05/28/201405/28/2014$0.0901.44%1.44%$25.08
02/26/201402/26/2014$0.0901.32%1.34%$26.84
11/26/201311/26/2013$0.0901.29%1.33%$27.04
08/28/201308/28/2013$0.0901.52%1.58%$22.73
05/29/201305/29/2013$0.0851.54%1.54%$22.15
02/26/201302/26/2013$0.0851.36%1.38%$24.69
11/28/201211/28/2012$0.0851.46%1.51%$22.56
08/29/201208/29/2012$0.0851.89%1.98%$17.22
05/29/201205/29/2012$0.0801.73%1.73%$18.46
02/27/201202/27/2012$0.0801.85%1.91%$16.77
11/28/201111/28/2011$0.0802.08%2.22%$14.43
08/29/201108/29/2011$0.0801.64%1.81%$17.65
05/26/201105/26/2011$0.0701.54%1.54%$18.16
02/24/201102/24/2011$0.0701.39%1.44%$19.50
11/26/201011/26/2010$0.0701.21%1.30%$21.55
08/27/201008/27/2010$0.0701.30%1.46%$19.17
05/26/201005/26/2010$0.0601.27%1.27%$18.91
02/24/201002/24/2010$0.0601.31%1.34%$17.93
11/27/200911/27/2009$0.0601.27%1.32%$18.16
08/28/200908/28/2009$0.0601.25%1.34%$17.97
05/28/200905/28/2009$0.0551.11%1.11%$19.76
02/25/200902/25/2009$0.0551.65%1.73%$12.74
11/26/200811/26/2008$0.0551.32%1.45%$15.13
08/27/200808/27/2008$0.0550.80%0.93%$23.64
05/28/200805/28/2008$0.0450.76%0.76%$23.75
02/27/200802/27/2008$0.0450.88%0.90%$20.00
11/28/200711/28/2007$0.0450.87%0.93%$19.45
08/29/200708/29/2007$0.0451.03%1.13%$15.98
05/30/200705/30/2007$0.0401.27%1.27%$12.56
02/26/200702/26/2007$0.0401.02%1.03%$15.48
11/29/200611/29/2006$0.0401.18%1.21%$13.19
08/30/200608/30/2006$0.0401.18%1.23%$12.98
05/30/200605/30/2006$0.0381.11%1.11%$13.56
02/24/200602/24/2006$0.0381.05%1.07%$14.00
11/29/200511/29/2005$0.0381.44%1.49%$10.10
08/30/200508/30/2005$0.0381.16%1.39%$10.80
05/27/200505/27/2005$0.0351.25%1.42%$9.83
02/24/200502/24/2005$0.0351.70%1.96%$7.14
11/29/200411/29/2004$0.0181.68%0.98%$7.14
08/30/200408/30/2004$0.0352.47%2.54%$5.51
05/27/200405/27/2004$0.0342.57%2.57%$5.25
02/25/200402/25/2004$0.0342.89%2.92%$4.63
11/26/200311/26/2003$0.0342.85%2.90%$4.66
08/27/200308/27/2003$0.0343.14%3.22%$4.19
05/28/200305/28/2003$0.0333.50%3.50%$3.71
02/26/200302/26/2003$0.0333.29%3.32%$3.92
11/26/200211/26/2002$0.0333.23%3.30%$3.94
08/28/200208/28/2002$0.0333.06%3.15%$4.13
05/29/200205/29/2002$0.0313.13%3.13%$4.00
02/26/200202/26/2002$0.0314.03%4.03%$3.10
11/28/200111/28/2001$0.0315.00%5.00%$2.50
08/29/200108/29/2001$0.0313.71%3.85%$3.25
05/30/200105/30/2001$0.0313.11%3.34%$3.74
02/26/200102/26/2001$0.0313.24%3.62%$3.45
11/29/200011/29/2000$0.0273.57%3.57%$3.01
08/30/200008/30/2000$0.0273.01%3.14%$3.42
05/30/200005/30/2000$0.0272.50%2.72%$3.95
02/25/200002/25/2000$0.0272.40%2.73%$3.94
Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter-over-quarter and year-over-year changes for additional context.

BMI Price

Price to Earnings

BMI trades at a 156.5x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

BMI trades at a 21.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

BMI generated $0.2B in revenue. Revenue has grown by 43% over the period.

Net Income

BMI reported $0.0B in net income. Net income has grown by 64% over the period.

Revenue vs Net Income

BMI generated $0.2B in revenue with net income of $0.0B, representing a 13.5% net profit margin.

Gross Profit

BMI achieved $0.2B in gross profit, showing revenue after direct production costs.

Operating Income

BMI generated $0.1B in operating income, representing profit from core business operations.

EBITDA

BMI generated $0.1B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

BMI generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

BMI generated $0.0B in free cash flow. Free cash flow has increased by 72% over the period.

Free Cash Flow / Share

BMI generates $0.83 in free cash flow per share. FCF per share has grown by 72% over the period.

Earnings Per Share (EPS)

BMI reported $0.94 in earnings per share. EPS has grown by 64% over the period.

Return on Equity (ROE)

BMI delivered a 11.3% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

BMI achieved a 6.8% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

BMI maintains a 13.5% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

BMI operates with a 75.7% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

BMI holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

Shares Outstanding

BMI has 0.0B shares outstanding.

Stock-Based Comp

BMI reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 43%.

FCF vs Stock Based Comp

BMI generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 21% of FCF.

FCF vs FCF / Share

BMI reported $0.0B in free cash flow, translating to $0.83 per share.

Revenue: Actual + Estimates

This chart tracks BMI revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks BMI eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks BMI net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks BMI ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

About Badger Meter, Inc.

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market. It also p

...
Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

Download now

Get your dividend champions spreadsheet.