Otter Tail's latest quarterly dividend of $0.39 per share was on Nov 12, 2021 (ex-date). The annualized dividend distribution of $1.56 per share represents a current dividend yield of 2.39%.
OTTR next dividend date: Not announced
OTTR has a dividend yield of 2.39% which is below the Utilities sector, the industry and its peers average.
Otter Tail has a history of paying dividends since 1994. Our records of OTTR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. But with the price of the stock up by 64% from a year ago, the dividend yield has decreased by 36%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Nov 1, 2021 | Nov 12, 2021 | Dec 10, 2021 | $0.39 | normal |
| Aug 2, 2021 | Aug 12, 2021 | Sep 10, 2021 | $0.39 | normal |
| May 3, 2021 | May 13, 2021 | Jun 10, 2021 | $0.39 | normal |
| Feb 2, 2021 | Feb 11, 2021 | Mar 10, 2021 | $0.39 | normal |
| Nov 2, 2020 | Nov 12, 2020 | Dec 10, 2020 | $0.37 | normal |
| Aug 3, 2020 | Aug 13, 2020 | Sep 10, 2020 | $0.37 | normal |
| May 5, 2020 | May 14, 2020 | Jun 10, 2020 | $0.37 | normal |
| Feb 4, 2020 | Feb 13, 2020 | Mar 10, 2020 | $0.37 | normal |
| Nov 4, 2019 | Nov 14, 2019 | Dec 10, 2019 | $0.35 | normal |
| Aug 5, 2019 | Aug 14, 2019 | Sep 10, 2019 | $0.35 | normal |
| May 3, 2019 | May 14, 2019 | Jun 10, 2019 | $0.35 | normal |
| Feb 5, 2019 | Feb 14, 2019 | Mar 9, 2019 | $0.35 | normal |
| Nov 5, 2018 | Nov 14, 2018 | Dec 10, 2018 | $0.335 | normal |
| Aug 2, 2018 | Aug 14, 2018 | Sep 10, 2018 | $0.335 | normal |
| May 2, 2018 | May 14, 2018 | Jun 9, 2018 | $0.335 | normal |
| Feb 5, 2018 | Feb 14, 2018 | Mar 10, 2018 | $0.335 | normal |
| Nov 1, 2017 | Nov 14, 2017 | Dec 9, 2017 | $0.32 | normal |
| Aug 3, 2017 | Aug 11, 2017 | Sep 9, 2017 | $0.32 | normal |
| May 1, 2017 | May 11, 2017 | Jun 10, 2017 | $0.32 | normal |
| Feb 2, 2017 | Feb 13, 2017 | Mar 10, 2017 | $0.32 | normal |
| Nov 1, 2016 | Nov 10, 2016 | Dec 10, 2016 | $0.313 | normal |
| Aug 5, 2016 | Aug 11, 2016 | Sep 10, 2016 | $0.313 | normal |
| May 2, 2016 | May 11, 2016 | Jun 10, 2016 | $0.313 | normal |
OTTR has a payout ratio of 45.1% which is lower than the Utilities sector, the industry and its peers average.