Badger Meter Declares Dividend; Announces Completion of Data Industrial Corporation Acquisition.Business Editors MILWAUKEE--(BUSINESS WIRE)--May 17, 2002 The Badger Meter, Inc. (AMEX AMEX See: American Stock Exchange :BMI BMI body mass index. BMI abbr. body mass index Body mass index (BMI) A measurement that has replaced weight as the preferred determinant of obesity. ) Board of Directors today declared a regular quarterly dividend of 25.0 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. to shareholders of record May 31, 2002, payable June 14, 2002. This is the same amount paid in the previous quarter. In other business, the company said it has completed its previously announced acquisition of Data Industrial Corporation of Mattapoisett, Massachusetts Mattapoisett is a town in Plymouth County, Massachusetts, United States. The population was 6,268 at the 2000 census. For geographic and demographic information on the village of Mattapoisett Center, please see the article Mattapoisett Center, Massachusetts. . The acquisition is part of the company's strategy to broaden its line of meters for commercial and industrial applications. Badger Meter is a leading marketer and manufacturer of products using flow measurement and control technology serving industrial and utility markets worldwide. Badger Meter company news is available 24 hours a day, on-line at: http://www.badgermeter.com |
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