Otter Tail Corporation Dividend
Otter Tail Corporation Dividend history 25 years & estimates 2025 to 2028
Dividend Analysis of the Otter Tail Corporation Stock
| Current dividend yield | 1.49 % |
| Dividendenrendite 5 Jahre | 7.62 % |
| Dividend Yield 10Y | 7.78 % |
| Payout 3Y | 7.74 % |
When does Otter Tail Corporation pay a dividend?
The Otter Tail Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Otter Tail Corporation stock 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 | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.4675
$0.47
|
Nov 15 2024
Nov 15 2024
Dec 10 2024
Nov 15 24
Dec 10 24 |
Dec 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.4675
$0.47
|
Aug 15 2024
Aug 15 2024
Sep 10 2024
Aug 15 24
Sep 10 24 |
Sep 10 2024 |
quarterly
quarterly
|
| 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
|
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 $1.87 Per Share in the financial year 2024. With a stock price of $80.78 at Nov 22 2024, the current dividend yield is 2.31% (calculation: $1.87 / $80.78 = 2.31%). 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 2.61% and the average over the last 10 years is 2.87%.
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).
| Metric | Otter Tail Corporation |
|---|---|
| Current dividend yield | 2.31% |
| Dividend Yield 5Y | 2.61% |
| Dividend Yield 10Y | 2.87% |
| Payout 1Y | 25.00% |
| Payout 3Y | 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 increased 11-times.
The Dividend Growth in relation to the previous financial year amounts to 6.86%. The average Otter Tail Corporation Dividend Growth over the last 5 years is 5.96%. The average for the last 10 years is 4.45%.
| Metric | Otter Tail Corporation |
|---|---|
| Increased | 11 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1Y | 6.86% |
| Growth 5Y | 5.96% |
| Growth 10Y | 4.45% |
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 increased 11-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 6.86%. The average Otter Tail Corporation Dividend Growth over the last 5 years is 5.96%. The average for the last 10 years is 4.45%.
Otter Tail Corporation Stock Forecast 2024
On the stock exchange, the Otter Tail Corporation stock (ISIN: US6896481032) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Otter Tail Corporation -4.93% has fallen 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 stock price in real time at the top of the page.
Otter Tail Corporation (symbol: OTTR) is valued at a Price / Earnings Ratio (P/E ratio) of 11.16 and a price/sales ratio (P/S ratio) of 2.52 valued. Based on analyst estimates, the Otter Tail Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 11.22 according to P/E ratio and 2.50 according to P/S.
| Metric | Otter Tail Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
4.93%
|
| P/E TTM | 11.16 |
| P/S TTM | 2.52 |
| P/E forward | 11.22 |
| P/S forward | 2.50 |
Otter Tail Corporation (symbol: OTTR) is valued at a Price / Earnings Ratio (P/E ratio) of 11.16 and a price/sales ratio (P/S ratio) of 2.52 valued. Based on analyst estimates, the Otter Tail Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 11.22 according to P/E ratio and 2.50 according to P/S.
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