Key Points Badger Meter helps modernize outdated water and sewer utilities. The company's margins have rapidly improved over the last decade. Burgeoning cash generation provides ample funding to give back to shareholders via a rising dividend. 10 stocks we like better than Badger Meter › Had an investor bought $1,000 worth of stock in Badger Meter (NYSE: BMI) and its water management solutions in 1990 and held until today while reinvesting dividends, it would be worth $288,000. While the water ...