Otter Tail Corporation Dividend history 25 years & forecast 2024 to 2028
Dividend analysis of the Otter Tail Corporation share
| Current dividend yield | 5.34 % |
| Dividendenrendite 5 Jahre | 2.87 % |
| Dividend yield 10 years | 2.03 % |
| Payout 3 years | 6.66 % |
When does Otter Tail Corporation pay a dividend?
The Otter Tail Corporation share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the Otter Tail Corporation share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were February, May, August and November . Dividends from Otter Tail Corporation are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.4675
$0.47
|
May 14 2024
May 14 2024
Jun 10 2024
May 14 24
Jun 10 24 |
Jun 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.4675
$0.47
|
Feb 14 2024
Feb 14 2024
Mar 08 2024
Feb 14 24
Mar 08 24 |
Mar 08 2024 |
quarterly
quarterly
|
| 2023 |
$0.4375
$0.44
|
Nov 14 2023
Nov 14 2023
Dec 08 2023
Nov 14 23
Dec 08 23 |
Dec 08 2023 |
quarterly
quarterly
|
| 2023 |
$0.4375
$0.44
|
Aug 14 2023
Aug 14 2023
Sep 08 2023
Aug 14 23
Sep 08 23 |
Sep 08 2023 |
quarterly
quarterly
|
| 2023 |
$0.4375
$0.44
|
May 12 2023
May 12 2023
Jun 09 2023
May 12 23
Jun 09 23 |
Jun 09 2023 |
quarterly
quarterly
|
| 2023 |
$0.4375
$0.44
|
Feb 13 2023
Feb 13 2023
Mar 10 2023
Feb 13 23
Mar 10 23 |
Mar 10 2023 |
quarterly
quarterly
|
| 2022 |
$0.4125
$0.41
|
Nov 14 2022
Nov 14 2022
Dec 09 2022
Nov 14 22
Dec 09 22 |
Dec 09 2022 |
quarterly
quarterly
|
| 2022 |
$0.4125
$0.41
|
Aug 12 2022
Aug 12 2022
Sep 09 2022
Aug 12 22
Sep 09 22 |
Sep 09 2022 |
quarterly
quarterly
|
| 2022 |
$0.4125
$0.41
|
May 12 2022
May 12 2022
Jun 10 2022
May 12 22
Jun 10 22 |
Jun 10 2022 |
quarterly
quarterly
|
| 2022 |
$0.4125
$0.41
|
Feb 14 2022
Feb 14 2022
Mar 10 2022
Feb 14 22
Mar 10 22 |
Mar 10 2022 |
quarterly
quarterly
|
How much dividend does Otter Tail Corporation pay?
Otter Tail Corporation most recently paid a dividend of $0.47. Otter Tail Corporation paid a dividend of $1.75 per share in the financial year 2023. With a share price of $87.59 at Jun 28 2024, the current dividend yield is 2.00% (calculation: $1.75 / $87.59 = 2.00%). No special dividend was paid.
What is the Otter Tail Corporation dividend yield and payout ratio?
The average Otter Tail Corporation dividend yield over the last 5 years is 2.74% and the average over the last 10 years is 3.06%.
The payout ratio of Otter Tail Corporation in relation to the last financial year is 25.00%. The payout ratio smoothed over 3 years is 27.54%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Key figure | Otter Tail Corporation |
|---|---|
| Current dividend yield | 2.00% |
| Dividend yield 5 yrs. | 2.74% |
| Dividend yield 10 yrs. | 3.06% |
| Payout 1 yr. | 25.00% |
| Payout 3 yrs. | 27.54% |
Is the Otter Tail Corporation dividend safe? Continuity & dividend growth
Is the Otter Tail Corporation dividend safe?
Otter Tail Corporation has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased10-times.
The dividend growth in relation to the previous financial year amounts to 6.06%. The average Otter Tail Corporation dividend growth over the last 5 years is 5.48%. The average for the last 10 years is 3.93%.
| Key figure | Otter Tail Corporation |
|---|---|
| Increased | 10 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1 yr. | 6.06% |
| Growth 5 yrs. | 5.48% |
| Growth 10 yrs. | 3.93% |
Continuity
Otter Tail Corporation has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased10-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 6.06%. The average Otter Tail Corporation dividend growth over the last 5 years is 5.48%. The average for the last 10 years is 3.93%.
Otter Tail Corporation Share forecast 2024
On the stock exchange, the Otter Tail Corporation share (ISIN: US6896481032) is traded at June 2024 as a top scorer according to the dividend strategy.
The share price of Otter Tail Corporation 3.08% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Otter Tail Corporation share price in real time at the top of the page.
The Otter Tail Corporation share (symbol: OTTR) is valued at a price/earnings ratio (P/E ratio) of 12.04 and a price/sales ratio (P/S ratio) of 2.70 valued. Based on analyst estimates, the Otter Tail Corporation share forecast 2024 of the current financial year corresponds to a valuation of 13.71 according to P/E ratio and 2.50 according to P/S ratioe.
| Key figure | Otter Tail Corporation |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
3.08%
|
| P/E ratio TTM | 12.04 |
| P/S ratio TTM | 2.70 |
| P/E ratio expected | 13.71 |
| P/S ratio expected | 2.50 |
The Otter Tail Corporation share (symbol: OTTR) is valued at a price/earnings ratio (P/E ratio) of 12.04 and a price/sales ratio (P/S ratio) of 2.70 valued. Based on analyst estimates, the Otter Tail Corporation share forecast 2024 of the current financial year corresponds to a valuation of 13.71 according to P/E ratio and 2.50 according to P/S ratioe.
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