Otter Tail (Otter Tail) Dividend Payout Ratio

: 0.32 (As of Dec. 2023)

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Otter Tail's dividend payout ratio for the months ended in Dec. 2023 was 0.32.

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

OTTR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.65 Max: 0.79
Current: 0.25

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.

OTTR's Dividend Payout Ratio is ranked better than
78.2% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs OTTR: 0.25

As of today (2024-04-24), the Dividend Yield % of Otter Tail is 2.08%.

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

Otter Tail's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Otter Tail's Dividend Payout Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.65

0.63

0.37

0.24

0.25

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 Payout Ratio	Get a 7-Day Free Trial															0.41	0.29	0.23	0.20	0.32

Competitive Comparison

For the Utilities - Diversified subindustry, Otter Tail's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Otter Tail's Dividend Payout Ratio falls into.

Otter Tail Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Otter Tail's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.75	/	7
	=	0.25

Otter Tail's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.438	/	1.37
	=	0.32

Otter Tail (NAS:OTTR) Dividend Payout Ratio Explanation

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.

Otter Tail Dividend Payout Ratio Related Terms

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Otter Tail (Otter Tail) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

OT4:Germany

Address

215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496

Website

https://www.ottertail.com

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