Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.26%.
YIELD ON COST (YOC)
1.26%
BMI now pays $1.64 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-09-29) | $33.13 | 4.95% |
| 5 years ago(2021-09-27) | $107.40 | 1.53% |
| 3 years ago(2023-09-28) | $155.49 | 1.05% |
| 1 year ago(2025-10-02) | $179.75 | 0.91% |
| Buying today(at $127.77) | $127.77 | 1.26% |
Projection: starting from today's 1.26% yield, assuming the dividend keeps compounding at 18.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.26%
In 3 years
2.08%
In 5 years
2.90%
In 10 years
6.66%
Try your own purchase price, dividend and growth rate for Badger Meter, Inc. (BMI).
Starting Yield
1.28%
Ending YOC
12.14%
Year 15 Dividend
$15.51
Cum. Dividends Recd.
$99.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.64 | N/A | 1.28% | $0.00 |
| Year 1 | $1.91 | +16.16% | 1.49% | $1.91 |
| Year 2 | $2.21 | +16.16% | 1.73% | $4.12 |
| Year 3 | $2.57 | +16.16% | 2.01% | $6.69 |
| Year 4 | $2.99 | +16.16% | 2.34% | $9.67 |
| Year 5 | $3.47 | +16.16% | 2.71% | $13.14 |
| Year 6 | $4.03 | +16.16% | 3.15% | $17.17 |
| Year 7 | $4.68 | +16.16% | 3.66% | $21.85 |
| Year 8 | $5.44 | +16.16% | 4.25% | $27.29 |
| Year 9 | $6.31 | +16.16% | 4.94% | $33.60 |
| Year 10 | $7.34 | +16.16% | 5.74% | $40.94 |
| Year 11 | $8.52 | +16.16% | 6.67% | $49.46 |
| Year 12 | $9.90 | +16.16% | 7.75% | $59.36 |
| Year 13 | $11.50 | +16.16% | 9.00% | $70.85 |
| Year 14 | $13.35 | +16.16% | 10.45% | $84.21 |
| Year 15 | $15.51 | +16.16% | 12.14% | $99.72 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
