A metering device for metered dispensing of granular material from ahopper bottom storage bin. The device features a metering housing having ahousinginlet for receiving said granular material from a hopper outlet of the storagebin, and ahousing outlet from which the granular material is dispensable from thehousing. Ametering mechanism driven by an onboard motor is operable within the housingtodispense the granular material through the housing outlet in a meteredfashion. Amounting arrangement is attachable to the storage bin in a position suspendingthemetering housing below the hopper outlet. The housing is movable into and outof aworking position aligned under the hopper outlet, and can also be adjusted intilt angleto achieve a properly leveled alignment in the working position.