NasdaqGS:OTTRElectric Utilities
Assessing Otter Tail (OTTR) Valuation After Its Second Straight Double Digit Dividend Hike
Otter Tail (OTTR) just approved a 10% increase in its quarterly dividend to US$0.5775 per share, lifting the annual indicated payout to US$2.31 and extending its 88 year dividend track record.
See our latest analysis for Otter Tail.
The dividend increase comes as Otter Tail’s share price trades at US$85.61, with a 90 day share price return of 14.07% and a 1 year total shareholder return of 20.54%. This suggests firm but measured momentum following a strong 5 year total shareholder return of...