Badger Meter's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Badger Meter (NYSE:BMI) has announced a quarterly dividend of 27 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on December 8, 2023. The stock is expected to open 27 cents lower on the ex-dividend date.
November 17, 2023 | 2:45 pm
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Badger Meter will pay a quarterly dividend of 27 cents per share, with the ex-dividend date being this Wednesday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence as the dividend is priced out of the stock's value.
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