Otter Tail (OTTR) Dividend Yield, Date & History

Otter Tail Dividend - Frequently Asked Questions

What is Otter Tail's dividend yield?

The current dividend yield for Otter Tail is 2.48%. Learn more on OTTR's dividend yield history.

How much is Otter Tail's annual dividend?

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

How often does Otter Tail pay dividends?

Otter Tail pays quarterly dividends to shareholders.

When was Otter Tail's most recent dividend payment?

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

When was Otter Tail's most recent ex-dividend date?

Otter Tail's most recent ex-dividend date was Thursday, August 15, 2024.

Is Otter Tail's dividend growing?

Over the past three years, the company's dividend has grown by an average of 5.74% per year.

What track record does Otter Tail have of raising its dividend?

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

When did Otter Tail last increase or decrease its dividend?

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

What is Otter Tail's dividend payout ratio?

The dividend payout ratio for OTTR is:

• 25.69% based on the trailing year of earnings
• 27.02% based on this year's estimates
• 44.74% based on next year's estimates
• 20.52% based on cash flow

Is Otter Tail a good dividend stock?

Otter Tail's dividend yield of 2.43% 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 25.69% is at a healthy, sustainable level, below 75% of its earnings.