Otter Tail Corporation (OTTR) Dividends

Otter Tail Corporation (OTTR): $86.27

0.73 (-0.84%)

POWR Rating

Component Grades

Momentum

C

Stability

B

Sentiment

Quality

B

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Industry: Utilities - Domestic

Industry

F

Ranked

#8 of 60

in industry

Dividend Yield and Dividend History Highlights

  • Regarding free cash flow variation: OTTR reports less variability in its cash flow than 5.57% of dividend stocks in our set.
  • OTTR's compound annual growth rate of its cash flow over the past 5.5 years is 0.45% -- which is higher than about 91.38% stocks we're looking at.
  • Currently, OTTR generates more cash flow over the 12 months prior than 7.41% of US dividend stocks.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with OTTR that may be suitable potential portfolio mates: BF.B, NWFL, MRTN, SMP and GFI.
OTTR Ex-Dividend Date
OTTR Dividend Yield
2.12%
OTTR Annual Dividend
$1.87
OTTR Payout Ratio

OTTR Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$86.27$101.4 64.66%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of OTTR, the dividend discount model StockNews created for the company implies a positive return of 64.66%. To help understand and contextualize the model's evaluation of OTTR, investors may wish to consider are:

  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Utilities sector, the expected return of 64.66%, based on the stock's current share price and target price based on a dividend discount model, is greater than merely 12.33% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Otter Tail Corp bears a discount rate, according to our calculations, lower than merely 12.33% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Beta, a measure of volatility relative to the stock market overall, is lower for OTTR than it is for merely 19.18% of other equities in the Utilities sector that also issue dividends.
  • In comparison to its fellow dividend issuing stocks in the Utilities sector, Otter Tail Corp has an equity discount rate lower than merely 17.81% of them.


OTTR Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-05-14Dividend$0.47--
2024-02-14Dividend$0.47+6.85%
2023-11-14Dividend$0.44--
2023-08-14Dividend$0.44--
2023-05-12Dividend$0.44--
2023-02-13Dividend$0.44+6.31%
2022-11-14Dividend$0.41--
2022-08-12Dividend$0.41--
2022-05-12Dividend$0.41--
2022-02-14Dividend$0.41+5.64%
2021-11-12Dividend$0.39--
2021-08-12Dividend$0.39--
2021-05-13Dividend$0.39--
2021-02-11Dividend$0.39+5.41%
2020-11-12Dividend$0.37--
2020-08-13Dividend$0.37--
2020-05-14Dividend$0.37--
2020-02-13Dividend$0.37+5.71%
2019-11-14Dividend$0.35--
2019-08-14Dividend$0.35--
2019-05-14Dividend$0.35--
2019-02-14Dividend$0.35+4.48%
2018-11-14Dividend$0.34--
2018-08-14Dividend$0.34--
2018-05-14Dividend$0.34--
2018-02-14Dividend$0.34+4.69%
2017-11-14Dividend$0.32--
2017-08-11Dividend$0.32--
2017-05-11Dividend$0.32--
2017-02-13Dividend$0.32+2.24%
2016-11-10Dividend$0.31--
2016-08-11Dividend$0.31--
2016-05-11Dividend$0.31--
2016-02-10Dividend$0.31+1.79%
2015-11-10Dividend$0.31--
2015-08-12Dividend$0.31--
2015-05-13Dividend$0.31--
2015-02-11Dividend$0.31+1.65%
2014-11-12Dividend$0.30--
2014-08-13Dividend$0.30--
2014-05-13Dividend$0.30--
2014-02-12Dividend$0.30+1.68%
2013-11-13Dividend$0.30--
2013-08-13Dividend$0.30--
2013-05-13Dividend$0.30--
2013-02-13Dividend$0.30--
2012-11-13Dividend$0.30--
2012-08-13Dividend$0.30--
2012-05-11Dividend$0.30--
2012-02-13Dividend$0.30--
2011-11-10Dividend$0.30--
2011-08-11Dividend$0.30--
2011-05-11Dividend$0.30--
2011-02-11Dividend$0.30--
2010-11-10Dividend$0.30--
2010-08-11Dividend$0.30--
2010-05-12Dividend$0.30--
2010-02-10Dividend$0.30--
2009-11-10Dividend$0.30--
2009-08-12Dividend$0.30--
2009-05-13Dividend$0.30--
2009-02-11Dividend$0.30--
2008-11-12Dividend$0.30--
2008-08-13Dividend$0.30--
2008-05-13Dividend$0.30--
2008-02-13Dividend$0.30+1.71%
2007-11-13Dividend$0.29--
2007-08-13Dividend$0.29--
2007-05-11Dividend$0.29--
2007-02-13Dividend$0.29+1.74%
2006-11-13Dividend$0.29--
2006-08-11Dividend$0.29--
2006-05-11Dividend$0.29--
2006-02-13Dividend$0.29+2.68%
2005-11-10Dividend$0.28--
2005-08-11Dividend$0.28--
2005-05-11Dividend$0.28--
2005-02-11Dividend$0.28+1.82%
2004-11-10Dividend$0.28--
2004-08-11Dividend$0.28--
2004-05-12Dividend$0.28--
2004-02-11Dividend$0.28+1.85%
2003-11-12Dividend$0.27--
2003-08-13Dividend$0.27--
2003-05-13Dividend$0.27--
2003-02-12Dividend$0.27+1.89%
2002-11-13Dividend$0.27--
2002-08-13Dividend$0.27--
2002-05-13Dividend$0.27--
2002-02-13Dividend$0.27+1.92%
2001-11-13Dividend$0.26--
2001-08-13Dividend$0.26--
2001-05-11Dividend$0.26--
2001-02-13Dividend$0.26+1.96%
2000-11-13Dividend$0.26--
2000-08-11Dividend$0.26--
2000-05-11Dividend$0.26+1.96%
2000-03-16Split2-1-for-1 Stock SplitN/A
2000-02-11Dividend$0.51+3.03%
1999-11-10Dividend$0.50--
1999-08-11Dividend$0.50--
1999-05-12Dividend$0.50--
1999-02-10Dividend$0.50+3.13%
1998-11-10Dividend$0.48--
1998-08-12Dividend$0.48--
1998-05-13Dividend$0.48--
1998-02-11Dividend$0.48+3.23%
1997-11-14Dividend$0.47--
1997-08-13Dividend$0.47--
1997-05-13Dividend$0.47--
1997-02-12Dividend$0.47+3.33%
1996-11-13Dividend$0.45--
1996-08-13Dividend$0.45--
1996-05-13Dividend$0.45--
1996-02-13Dividend$0.45+2.27%
1995-11-13Dividend$0.44--
1995-08-11Dividend$0.44--
1995-05-09Dividend$0.44--
1995-02-09Dividend$0.44+2.33%
1994-11-08Dividend$0.43--
1994-08-09Dividend$0.43--
1994-05-09Dividend$0.43--
1994-02-09Dividend$0.43+2.38%
1993-11-08Dividend$0.42--
1993-08-09Dividend$0.42--
1993-05-10Dividend$0.42--
1993-02-08Dividend$0.42+2.44%
1992-11-06Dividend$0.41--
1992-08-10Dividend$0.41--
1992-05-11Dividend$0.41--
1992-02-10Dividend$0.41+2.50%
1991-11-08Dividend$0.40--
1991-08-09Dividend$0.40--
1991-05-09Dividend$0.40--
1991-02-11Dividend$0.40+2.56%
1990-11-08Dividend$0.39--
1990-08-09Dividend$0.39--
1990-05-09Dividend$0.39--
1990-02-09Dividend$0.39+2.63%
1989-11-09Dividend$0.38--
1989-08-09Dividend$0.38--
1989-05-09Dividend$0.38--
1989-02-09Dividend$0.38+2.70%
1988-11-08Dividend$0.37--
1988-06-16Split


OTTR Dividends vs. Peers

OTTR's dividend yield currently ranks #52 of 83 vs. its peers in the Utilities - Domestic category.
Rank Symbol Name Dividend Yield
1 NJR NewJersey Resources Corporation 0.00%
2 AGR Avangrid Inc. 0.00%
3 NRGV Energy Vault Holdings, Inc. 0.00%
4 GXP Great Plains Energy Incorporated 0.00%
5 VST Vistra Energy Corp. 0.00%
6 VVC Vectren Corporation 0.00%
7 FE FirstEnergy Corp. 0.00%
8 FLNC Fluence Energy, Inc. 0.00%
9 TERP TerraForm Power, Inc. - New 0.00%
10 SCG SCANA Corporation 0.00%
11 AMPS Altus Power, Inc. 0.00%
12 HE Hawaiian Electric Industries, Inc. 0.00%
13 PNM PNM Resources, Inc. (Holding Co.) 0.00%
14 PNW Pinnacle West Capital Corp. 0.00%
15 WEC WEC Energy Group Inc. 0.00%
16 POR Portland General Electric Co 0.00%
17 PPL PPL Corporation 0.00%
18 HTM U.S. Geothermal Inc. 0.00%
19 NRG NRG Energy Inc. 0.00%
20 DTE DTE Energy Co. 0.00%
21 WGL WGL Holdings Inc 0.00%
22 ALE Allete, Inc. 0.00%
23 DUK Duke Energy Corp. 0.00%
24 FNEC First National Energy Corp. 0.00%
25 CMS CMS Energy Corp. 0.00%
26 SJI South Jersey Industries, Inc. 0.00%
27 BKH Black Hills Corporation 0.00%
28 EVRG Evergy Inc. 0.00%
29 CNP CenterPoint Energy Inc. 0.00%
30 CAFD 8point3 Energy Partners LP - Shares 0.00%
31 SMR NuScale Power Corporation 0.00%
32 WR Westar Energy, Inc. 0.00%
33 NWE NorthWestern Corporation 0.00%
34 NWN Northwest Natural Holding Company 0.00%
35 ED Consolidated Edison Inc. 0.00%
36 EE Excelerate Energy, Inc. 0.00%
37 CWEN Clearway Energy Inc. Cl C 0.00%
38 SO Southern Co. 0.00%
39 ARIS Aris Water Solutions Inc. 0.00%
40 CPK Chesapeake Utilities Corporation 0.00%
41 CPN Calpine Corporation 0.00%
42 XEL Xcel Energy Inc. 0.00%
43 EIX Edison International 0.00%
44 MGEE MGE Energy Inc. 0.00%
45 SRE Sempra 0.00%
46 BIPC Brookfield Infrastructure Corp. Cl A 0.00%
47 OGE OGE Energy Corp 0.00%
48 OGS ONE Gas, Inc. 0.00%
49 OKE ONEOK Inc. 0.00%
50 SPKE Spark Energy, Inc. - 0.00%
51 EGAS Gas Natural Inc. (OH) 0.00%
52 OTTR Otter Tail Corporation 0.00%
53 IDA IDACORP, Inc. 0.00%
54 SR Spire Inc. 0.00%
55 UGI UGI Corporation 0.00%
56 AT Atlantic Power Corporation Ordinary Shares (Canada) 0.00%
57 RGCO RGC Resources Inc. 0.00%
58 OEG Orbital Energy Group, Inc. 0.00%
59 ATO Atmos Energy Corp. 0.00%
60 BEPC Brookfield Renewable Corporation 0.00%
61 GLBL TerraForm Global, Inc. - 0.00%
62 LNT Alliant Energy Corp. 0.00%
63 AVA Avista Corporation 0.00%
64 LFG Archaea Energy Inc. 0.00%
65 AY Atlantica Yield plc - Ordinary Shares 0.00%
66 ES Eversource Energy 0.00%
67 PCG Pacific Gas & Electric Co. 0.00%
68 GNE Genie Energy Ltd. Class B Stock 0.00%
69 UTL UNITIL Corporation 0.00%
70 D Dominion Energy Inc. 0.00%
71 PEGI Pattern Energy Group Inc. - 0.00%
72 VIA Via Renewables Inc. 0.00%
73 ETR Entergy Corp. 0.00%
74 SWX Southwest Gas Holdings, Inc. 0.00%
75 HLGN Heliogen, Inc. 0.00%
76 NEE NextEra Energy Inc. 0.00%
77 PEG Public Service Enterprise Group Inc. 0.00%
78 AEE Ameren Corp. 0.00%
79 EXC Exelon Corp. 0.00%
80 AEP American Electric Power Co. Inc. 0.00%
81 NI NiSource Inc. 0.00%
82 AES AES Corp. 0.00%
83 CEG Constellation Energy Corp. 0.00%

Looking for More Information on OTTR dividends?

Here are a few links from around the web to help you further your research on Otter Tail Corp and its dividends:

Otter Tail Corp Common Stock (OTTR) Dividend History | Nasdaq
Dividend History for Otter Tail Corp (OTTR) - Dividend Investor
Otter Tail Corp (OTTR) Dividend History - Seeking Alpha

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