The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized an 18% increase in its quarterly common stock dividend to $0.40 per share from $0.34 per share. The increased dividend is payable September 5, 2025, to shareholders of record on August 22, 2025. The new annual dividend rate for common stock is $1.60 per share.

Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, stated, “Disciplined execution of our durable business model, supported by enduring favorable industry fundamentals, puts us in a position to raise our dividend for the 33rd consecutive year. Ongoing adoption of our industry-leading cellular AMI solution, as well as the “beyond the meter” water management solutions within our BlueEdgeTM portfolio, continues to build on our legacy of generating strong free cash flow. Dividend growth is an important pillar of our capital allocation framework, and we’re proud of our consistent history of delivering value to our shareholders.”

About Badger Meter

With more than a century of water technology innovation, Badger Meter provides comprehensive water management solutions through its BlueEdgeTM suite. This tailorable portfolio of smart measurement hardware, reliable communications, data visualization and analytics software and ongoing support and industry expertise give customers the edge in optimizing their operations and contributing to the sustainable use and protection of the world’s most precious resource. For more information, visit www.badgermeter.com.

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