Otter Tail Corporation (OTTR) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $84.58 | $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 |
|---|---|---|---|
| 2024-02-14 | Dividend | $0.47 | +6.85% |
| 2023-11-14 | Dividend | $0.44 | -- |
| 2023-08-14 | Dividend | $0.44 | -- |
| 2023-05-12 | Dividend | $0.44 | -- |
| 2023-02-13 | Dividend | $0.44 | +6.31% |
| 2022-11-14 | Dividend | $0.41 | -- |
| 2022-08-12 | Dividend | $0.41 | -- |
| 2022-05-12 | Dividend | $0.41 | -- |
| 2022-02-14 | Dividend | $0.41 | +5.64% |
| 2021-11-12 | Dividend | $0.39 | -- |
| 2021-08-12 | Dividend | $0.39 | -- |
| 2021-05-13 | Dividend | $0.39 | -- |
| 2021-02-11 | Dividend | $0.39 | +5.41% |
| 2020-11-12 | Dividend | $0.37 | -- |
| 2020-08-13 | Dividend | $0.37 | -- |
| 2020-05-14 | Dividend | $0.37 | -- |
| 2020-02-13 | Dividend | $0.37 | +5.71% |
| 2019-11-14 | Dividend | $0.35 | -- |
| 2019-08-14 | Dividend | $0.35 | -- |
| 2019-05-14 | Dividend | $0.35 | -- |
| 2019-02-14 | Dividend | $0.35 | +4.48% |
| 2018-11-14 | Dividend | $0.34 | -- |
| 2018-08-14 | Dividend | $0.34 | -- |
| 2018-05-14 | Dividend | $0.34 | -- |
| 2018-02-14 | Dividend | $0.34 | +4.69% |
| 2017-11-14 | Dividend | $0.32 | -- |
| 2017-08-11 | Dividend | $0.32 | -- |
| 2017-05-11 | Dividend | $0.32 | -- |
| 2017-02-13 | Dividend | $0.32 | +2.24% |
| 2016-11-10 | Dividend | $0.31 | -- |
| 2016-08-11 | Dividend | $0.31 | -- |
| 2016-05-11 | Dividend | $0.31 | -- |
| 2016-02-10 | Dividend | $0.31 | +1.79% |
| 2015-11-10 | Dividend | $0.31 | -- |
| 2015-08-12 | Dividend | $0.31 | -- |
| 2015-05-13 | Dividend | $0.31 | -- |
| 2015-02-11 | Dividend | $0.31 | +1.65% |
| 2014-11-12 | Dividend | $0.30 | -- |
| 2014-08-13 | Dividend | $0.30 | -- |
| 2014-05-13 | Dividend | $0.30 | -- |
| 2014-02-12 | Dividend | $0.30 | +1.68% |
| 2013-11-13 | Dividend | $0.30 | -- |
| 2013-08-13 | Dividend | $0.30 | -- |
| 2013-05-13 | Dividend | $0.30 | -- |
| 2013-02-13 | Dividend | $0.30 | -- |
| 2012-11-13 | Dividend | $0.30 | -- |
| 2012-08-13 | Dividend | $0.30 | -- |
| 2012-05-11 | Dividend | $0.30 | -- |
| 2012-02-13 | Dividend | $0.30 | -- |
| 2011-11-10 | Dividend | $0.30 | -- |
| 2011-08-11 | Dividend | $0.30 | -- |
| 2011-05-11 | Dividend | $0.30 | -- |
| 2011-02-11 | Dividend | $0.30 | -- |
| 2010-11-10 | Dividend | $0.30 | -- |
| 2010-08-11 | Dividend | $0.30 | -- |
| 2010-05-12 | Dividend | $0.30 | -- |
| 2010-02-10 | Dividend | $0.30 | -- |
| 2009-11-10 | Dividend | $0.30 | -- |
| 2009-08-12 | Dividend | $0.30 | -- |
| 2009-05-13 | Dividend | $0.30 | -- |
| 2009-02-11 | Dividend | $0.30 | -- |
| 2008-11-12 | Dividend | $0.30 | -- |
| 2008-08-13 | Dividend | $0.30 | -- |
| 2008-05-13 | Dividend | $0.30 | -- |
| 2008-02-13 | Dividend | $0.30 | +1.71% |
| 2007-11-13 | Dividend | $0.29 | -- |
| 2007-08-13 | Dividend | $0.29 | -- |
| 2007-05-11 | Dividend | $0.29 | -- |
| 2007-02-13 | Dividend | $0.29 | +1.74% |
| 2006-11-13 | Dividend | $0.29 | -- |
| 2006-08-11 | Dividend | $0.29 | -- |
| 2006-05-11 | Dividend | $0.29 | -- |
| 2006-02-13 | Dividend | $0.29 | +2.68% |
| 2005-11-10 | Dividend | $0.28 | -- |
| 2005-08-11 | Dividend | $0.28 | -- |
| 2005-05-11 | Dividend | $0.28 | -- |
| 2005-02-11 | Dividend | $0.28 | +1.82% |
| 2004-11-10 | Dividend | $0.28 | -- |
| 2004-08-11 | Dividend | $0.28 | -- |
| 2004-05-12 | Dividend | $0.28 | -- |
| 2004-02-11 | Dividend | $0.28 | +1.85% |
| 2003-11-12 | Dividend | $0.27 | -- |
| 2003-08-13 | Dividend | $0.27 | -- |
| 2003-05-13 | Dividend | $0.27 | -- |
| 2003-02-12 | Dividend | $0.27 | +1.89% |
| 2002-11-13 | Dividend | $0.27 | -- |
| 2002-08-13 | Dividend | $0.27 | -- |
| 2002-05-13 | Dividend | $0.27 | -- |
| 2002-02-13 | Dividend | $0.27 | +1.92% |
| 2001-11-13 | Dividend | $0.26 | -- |
| 2001-08-13 | Dividend | $0.26 | -- |
| 2001-05-11 | Dividend | $0.26 | -- |
| 2001-02-13 | Dividend | $0.26 | +1.96% |
| 2000-11-13 | Dividend | $0.26 | -- |
| 2000-08-11 | Dividend | $0.26 | -- |
| 2000-05-11 | Dividend | $0.26 | +1.96% |
| 2000-03-16 | Split | 2-1-for-1 Stock Split | N/A |
| 2000-02-11 | Dividend | $0.51 | +3.03% |
| 1999-11-10 | Dividend | $0.50 | -- |
| 1999-08-11 | Dividend | $0.50 | -- |
| 1999-05-12 | Dividend | $0.50 | -- |
| 1999-02-10 | Dividend | $0.50 | +3.13% |
| 1998-11-10 | Dividend | $0.48 | -- |
| 1998-08-12 | Dividend | $0.48 | -- |
| 1998-05-13 | Dividend | $0.48 | -- |
| 1998-02-11 | Dividend | $0.48 | +3.23% |
| 1997-11-14 | Dividend | $0.47 | -- |
| 1997-08-13 | Dividend | $0.47 | -- |
| 1997-05-13 | Dividend | $0.47 | -- |
| 1997-02-12 | Dividend | $0.47 | +3.33% |
| 1996-11-13 | Dividend | $0.45 | -- |
| 1996-08-13 | Dividend | $0.45 | -- |
| 1996-05-13 | Dividend | $0.45 | -- |
| 1996-02-13 | Dividend | $0.45 | +2.27% |
| 1995-11-13 | Dividend | $0.44 | -- |
| 1995-08-11 | Dividend | $0.44 | -- |
| 1995-05-09 | Dividend | $0.44 | -- |
| 1995-02-09 | Dividend | $0.44 | +2.33% |
| 1994-11-08 | Dividend | $0.43 | -- |
| 1994-08-09 | Dividend | $0.43 | -- |
| 1994-05-09 | Dividend | $0.43 | -- |
| 1994-02-09 | Dividend | $0.43 | +2.38% |
| 1993-11-08 | Dividend | $0.42 | -- |
| 1993-08-09 | Dividend | $0.42 | -- |
| 1993-05-10 | Dividend | $0.42 | -- |
| 1993-02-08 | Dividend | $0.42 | +2.44% |
| 1992-11-06 | Dividend | $0.41 | -- |
| 1992-08-10 | Dividend | $0.41 | -- |
| 1992-05-11 | Dividend | $0.41 | -- |
| 1992-02-10 | Dividend | $0.41 | +2.50% |
| 1991-11-08 | Dividend | $0.40 | -- |
| 1991-08-09 | Dividend | $0.40 | -- |
| 1991-05-09 | Dividend | $0.40 | -- |
| 1991-02-11 | Dividend | $0.40 | +2.56% |
| 1990-11-08 | Dividend | $0.39 | -- |
| 1990-08-09 | Dividend | $0.39 | -- |
| 1990-05-09 | Dividend | $0.39 | -- |
| 1990-02-09 | Dividend | $0.39 | +2.63% |
| 1989-11-09 | Dividend | $0.38 | -- |
| 1989-08-09 | Dividend | $0.38 | -- |
| 1989-05-09 | Dividend | $0.38 | -- |
| 1989-02-09 | Dividend | $0.38 | +2.70% |
| 1988-11-08 | Dividend | $0.37 | -- |
| 1988-06-16 | Split |
OTTR Dividends vs. Peers
OTTR's dividend yield currently ranks #52 of 83 vs. its peers in the Utilities - Domestic category.
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