Otter Tail Corporation Stock Dividends
Otter Tail Corporation Stock Dividends Overview
OTTR pays dividends quarterly. Last paid amount was $0.468 at Jun 10, 2024. As of today, dividend yield (TTM) is 2.25%.
Dividend Yield Range
AI Analysis of OTTR
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.25% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 6.86% |
| Payout Ratio | 0 |
| Amount Per Share | $0.468 |
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Otter Tail Corporation has not yet announced its next dividend date. Last payment date was: Jun 10, 2024.
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OTTR Dividend Payout History
To ensure a understanding of OTTR's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2024 | May 14, 2024 | Jun 10, 2024 | $0.468 | 0.540% |
| 2 | Feb 05, 2024 | Feb 14, 2024 | Mar 08, 2024 | $0.468 | 0.550% |
| 3 | Oct 30, 2023 | Nov 14, 2023 | Dec 08, 2023 | $0.440 | 0.579% |
| 4 | Jul 31, 2023 | Aug 14, 2023 | Sep 08, 2023 | $0.438 | 0.578% |
| 5 | May 01, 2023 | May 12, 2023 | Jun 09, 2023 | $0.438 | 0.564% |
| 6 | Feb 03, 2023 | Feb 13, 2023 | Mar 10, 2023 | $0.438 | 0.635% |
| 7 | Oct 31, 2022 | Nov 14, 2022 | Dec 09, 2022 | $0.413 | 0.697% |
| 8 | Aug 01, 2022 | Aug 12, 2022 | Sep 09, 2022 | $0.413 | 0.549% |
| 9 | May 02, 2022 | May 12, 2022 | Jun 10, 2022 | $0.413 | 0.615% |
| 10 | Feb 04, 2022 | Feb 14, 2022 | Mar 10, 2022 | $0.413 | 0.655% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
OTTR Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OTTR dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OTTR stock here.
Comparing OTTR to Sector and Country
OTTR pays a solid dividend yield of 2.25%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.08%). OTTR’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (9.22%), which means that there are more attractive dividend stocks to consider.
OTTR Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Artesian Resources Corporation | 373.407M | $0.296 | 2.98% | 66.51% | |
| Global Water Resources, Inc | 291.806M | $0.0251 | 2.80% | 116.40% | |
| MGE Energy Inc. | 2.778B | $0.428 | 2.29% | 50.75% | |
| Otter Tail Corporation | 3.584B | $0.468 | 2.25% | 24.30% | |
| The York Water Company | 528.168M | $0.211 | 2.23% | 47.96% | |
| Middlesex Water Company | 953.474M | $0.325 | 2.16% | 62.71% |
