GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Otter Tail Corp (NAS:OTTR) » Definitions » Dividend Yield %

Otter Tail (Otter Tail) Dividend Yield % : 2.09% (As of Apr. 25, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Otter Tail Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Otter Tail is 2.09%.

The historical rank and industry rank for Otter Tail's Dividend Yield % or its related term are showing as below:

OTTR' s Dividend Yield % Range Over the Past 10 Years
Min: 1.79   Med: 3.07   Max: 4.83
Current: 2.09

During the past 13 years, the highest Dividend Yield of Otter Tail was 4.83%. The lowest was 1.79%. And the median was 3.07%.

OTTR's Dividend Yield % is ranked worse than
75.12% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.94 vs OTTR: 2.09

Otter Tail's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.32.

During the past 13 years, the highest Dividend Payout Ratio of Otter Tail was 0.79. The lowest was 0.24. And the median was 0.65.

As of today (2024-04-25), the Forward Dividend Yield % of Otter Tail is 2.19%.

Otter Tail's Dividends per Share for the three months ended in Dec. 2023 was $0.44.

During the past 12 months, Otter Tail's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Otter Tail was 5.70% per year. The lowest was -18.80% per year. And the median was 2.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Otter Tail Dividend Yield % Historical Data

The historical data trend for Otter Tail's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Otter Tail Dividend Yield % Chart

Otter Tail Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 3.47 2.18 2.77 2.06

Otter Tail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 2.32 2.15 2.27 2.06

Competitive Comparison of Otter Tail's Dividend Yield %

For the Utilities - Diversified subindustry, Otter Tail's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Otter Tail's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Otter Tail's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Otter Tail's Dividend Yield % falls into.



Otter Tail Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Otter Tail Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4682024-02-142024-02-152024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-11-142023-11-152023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-08-142023-08-152023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.4382023-05-122023-05-152023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Otter Tail's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.782/85.20
=2.09 %

Current Share Price is $85.20.
Otter Tail's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.782.

Otter Tail's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.872/85.20
=2.20 %

Current Share Price is $85.20.
Otter Tail's Dividends per Share for the forward twelve months is calculated as $0.468 * 4 = $1.872.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Otter Tail  (NAS:OTTR) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Otter Tail Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Otter Tail's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Otter Tail (Otter Tail) Business Description

Traded in Other Exchanges
Address
215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496
Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.
Executives
John D Erickson director, officer: President & CEO 215 S CASCADE ST, FERGUS FALLS MN 56537
Mary E Ludford director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Jeanne H Crain director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Michael E Lebeau director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Timothy J O'keefe director 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
John S Abbott officer: Pres Varistar, Sr VP, M/I Plat 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Paul L Knutson officer: VP of Human Resources 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Kevin G Moug officer: CFO & Treasurer 215 S CASCADE ST, FERGUS FALLS MN 56537
Thomas J Webb director ONE ENERGY PLAZA, JACKSON MI 49201
Jennifer O. Smestad officer: VP, Gen Coun & Corp Sec 215 S. CASCADE STREET, FERGUS FALLS MN 56537
George A Koeck officer: Corp Secretary & Gen Counsel 215 S CASCADE ST, FERGUS FALLS MN 56537
Timothy J Rogelstad officer: Sr VP, Elect Plat; Pres OTP 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Steven L Fritze director 370 WBASHA ST NORTH, ST PAUL MN 55102
Arvid R Liebe director 215 S CASCADE ST, FERGUS FALLS MN 56537
Kathryn O Johnson director 215 S CASCADE STREET, FERGUS FALLS MN 56537-2801