SmarterDividends
OTTR

Otter Tail Corporation

OTTR

Industrials · Stock · quarterly payer

Forward Yield

2.55%

Annual Dividend

$2.21

Payout Ratio

32%

5-Yr Growth

7.2%

Ex-Date

May 15, 2026

Frequency

Quarterly

OTTR Dividend Safety Score

94/ 100
Grade A

Very Safe

Dividend-growth streak12 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage32% of earnings paid out
Balance-sheet strengthDebt/equity of 0.63
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is OTTR a good dividend stock?

Yes

Otter Tail Corporation (OTTR) pays a quarterly dividend yielding 2.55% ($2.21/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 12 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (32%)
  • Strong 7.2% 5-yr dividend growth
  • 78% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.55%
Payout Ratio
32%
Annual Dividend
$2.21
5-Yr Avg Growth
7.2%
Ex-Dividend Date
May 15, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.45
Market Cap
$3.6B
P/E Ratio
13.0
5-Yr Total Return
78%
52-Week Range
$74.15 – $92.24
Dividend Safety
A · 94/100
Ever Cut?
No
OTTR ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.21 / yr per share

Per payment (quarterly)$55.25
Annual$221.00
Monthly avg$18.42