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Otter Tail (OTTR) Dividend Yield, Date & History

Otter Tail logo
$73.55 +1.12 (+1.55%)
As of 01/3/2025 05:22 PM Eastern

Otter Tail Dividend Summary

Dividend Yield
2.54%
Annual Dividend
$1.87
Recent
Dividend Payment
Dec. 10
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
6.23%
Dividend Payout Ratio
25.83%

Otter Tail (OTTR) pays an annual dividend of $1.87 per share, with a dividend yield of 2.54%. The next quarterly payment of $0.4680 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Friday, November 15. OTTR has grown its dividend for 11 consecutive years, with an average annual increase of 2.03%. The company currently pays out 25.83% of its earnings and 20.52% of its cash flow as dividends.

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OTTR Dividend Payments by Quarter

The chart below displays up to four years of Otter Tail's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

OTTR Dividend Yield Over Time

The chart below tracks Otter Tail's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Otter Tail vs. The Competition

Compare Otter Tail's annual dividend, yield, and 3-year growth rate with averages for Utilities and NASDAQ companies to evaluate its performance against the market.

TypeOtter TailUtilities CompaniesNASDAQ Companies
Annual Dividend$1.87$0.04$1.27
Dividend Yield2.54%4.10%4.15%
Annualized 3-Year Dividend Growth6.23%1.77%12.01%
Track Record11 years27 years19 years

Otter Tail Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings25.83%
Based on This Year's Estimate26.23%
Based on Next Year's Estimate43.39%
Based on Cashflow20.52%

Otter Tail Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/4/2024Quarterly$0.4680 - 2.3%11/15/202411/15/202412/10/2024
8/5/2024Quarterly$0.4680 - 2.07%8/15/20248/15/20249/10/2024
5/3/2024Quarterly$0.4680 - 2.06%5/14/20245/15/20246/10/2024
2/5/2024Quarterly$0.4680+$0.03
6.85%
1.99%2/14/20242/15/20243/8/2024
10/30/2023Quarterly$0.4380 - 2.28%11/14/202311/15/202312/8/2023
7/31/2023Quarterly$0.4380 - 1.97%8/14/20238/15/20239/8/2023
5/1/2023Quarterly$0.4380 - 2.27%5/12/20235/15/20236/9/2023
2/3/2023Quarterly$0.4380+$0.0260
6.31%
2.68%2/13/20232/14/20233/10/2023

This table shows Otter Tail's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Otter Tail Dividend - Frequently Asked Questions

The current dividend yield for Otter Tail is 2.54%. Learn more on OTTR's dividend yield history.

The annual dividend for OTTR shares is $1.87. Learn more on OTTR's annual dividend history.

Otter Tail pays quarterly dividends to shareholders.

Otter Tail's most recent quarterly dividend payment of $0.4680 per share was made to shareholders on Tuesday, December 10, 2024.

Otter Tail's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 6.23% per year.

Otter Tail has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.03 on Monday, February 5, 2024.

The dividend payout ratio for OTTR is:
  • 25.83% based on the trailing year of earnings
  • 26.23% based on this year's estimates
  • 43.39% based on next year's estimates
  • 20.52% based on cash flow

Otter Tail's dividend yield of 2.53% is lower than the average Utilities company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Otter Tail's dividend payout ratio of 25.83% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Otter Tail stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:OTTR) was last updated on 1/4/2025 by MarketBeat.com Staff
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