Otter Tail Dividends and Buybacks
Dividend criteria checks 5/6
Otter Tail is a dividend paying company with a current yield of 2.31% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | -6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.870 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OT4's dividends per share have been stable in the past 10 years.
Growing Dividend: OT4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Otter Tail Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OT4) | 2.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast (OT4) (up to 3 years) | 2.6% |
Notable Dividend: OT4's dividend (2.31%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: OT4's dividend (2.31%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), OT4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.3%), OT4's dividend payments are covered by cash flows.