Otter Tail Dividends and Buybacks
Dividend criteria checks 5/6
Otter Tail is a dividend paying company with a current yield of 2.35% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 15th November, 2024.
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 | 10 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$1.870 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Earnings Beat: Otter Tail Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 08
We Think Otter Tail (NASDAQ:OTTR) Can Stay On Top Of Its Debt
Oct 08Do Otter Tail's (NASDAQ:OTTR) Earnings Warrant Your Attention?
Sep 20Otter Tail Corporation's (NASDAQ:OTTR) Prospects Need A Boost To Lift Shares
Jul 26Otter Tail Corporation: Currently Benefiting From Unsustainable Trends
Jul 23Returns On Capital Are Showing Encouraging Signs At Otter Tail (NASDAQ:OTTR)
Jul 11Does Otter Tail (NASDAQ:OTTR) Have A Healthy Balance Sheet?
Jun 09Is Now The Time To Put Otter Tail (NASDAQ:OTTR) On Your Watchlist?
May 24Results: Otter Tail Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
May 09Here's Why Shareholders Will Not Be Complaining About Otter Tail Corporation's (NASDAQ:OTTR) CEO Pay Packet
Apr 03Otter Tail: Plastics Profits Might Not Be As Strong In 2024
Feb 22Otter Tail's (NASDAQ:OTTR) Upcoming Dividend Will Be Larger Than Last Year's
Feb 09Here's Why Otter Tail (NASDAQ:OTTR) Has A Meaningful Debt Burden
Feb 08Otter Tail (NASDAQ:OTTR) Shareholders Will Want The ROCE Trajectory To Continue
Jan 21Otter Tail Corporation's (NASDAQ:OTTR) Price Is Right But Growth Is Lacking
Jan 03Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Nov 01Returns On Capital Are Showing Encouraging Signs At Otter Tail (NASDAQ:OTTR)
Oct 09Otter Tail's (NASDAQ:OTTR) Returns On Capital Are Heading Higher
Jul 10Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Jun 24Here's Why We Think Otter Tail (NASDAQ:OTTR) Is Well Worth Watching
May 21Otter Tail (NASDAQ:OTTR) Has Announced That It Will Be Increasing Its Dividend To $0.4375
May 06We Think Otter Tail (NASDAQ:OTTR) Can Stay On Top Of Its Debt
Mar 24Otter Tail (NASDAQ:OTTR) Is Doing The Right Things To Multiply Its Share Price
Feb 22Otter Tail's (NASDAQ:OTTR) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 09Does Otter Tail (NASDAQ:OTTR) Deserve A Spot On Your Watchlist?
Jan 12Otter Tail (NASDAQ:OTTR) Is Experiencing Growth In Returns On Capital
Nov 22Here's Why Otter Tail (NASDAQ:OTTR) Has Caught The Eye Of Investors
Sep 16Otter Tail: Benefiting Significantly From Materials Shortage
Sep 14Calculating The Intrinsic Value Of Otter Tail Corporation (NASDAQ:OTTR)
Sep 04Returns On Capital Are Showing Encouraging Signs At Otter Tail (NASDAQ:OTTR)
Aug 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OTTR's dividends per share have been stable in the past 10 years.
Growing Dividend: OTTR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Otter Tail Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OTTR) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 2.9% |
| Analyst forecast (OTTR) (up to 3 years) | 2.6% |
Notable Dividend: OTTR's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: OTTR's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), OTTR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.3%), OTTR's dividend payments are covered by cash flows.