Is Otter Tail Corporation a good dividend stock?

Otter Tail Corporation (OTTR) is a dividend-paying stock with a current dividend yield of 2.48%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is OTTR's dividend yield?

The dividend yield for OTTR stock is currently 2.48%.

How much does OTTR pay in dividends per year?

Otter Tail Corporation pays an annual dividend of $2.2050 per share over the trailing twelve months.

How often does OTTR pay dividends?

OTTR stock pays dividends quarterly.

Is OTTR's dividend growing?

Otter Tail Corporation's 3-year dividend CAGR is 9.06%.

OTTR Stock Price, Chart, Stats & News

Otter Tail Corporation

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Overview Dividend safety Dividends Fundamentals

Otter Tail Corporation (OTTR) is a dividend-paying stock with a current dividend yield of 2.48% as of Jun 29, 2026. It pays $2.21 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 7.72% 5-year compound annual rate.

3.73B

Market cap

13.32x

Current P/E

15.22x

Forward P/E

2.48%

Dividend yield

$2.21

OTTR dividend

Dividend safety

Strong

Dividend coverage looks healthy — OTTR pays out about 33% of earnings.

See the safety analysis

OTTR chart

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Fundamentals

Gross margin	38.92%
Operating margin	26.51%
Pretax margin	24.71%
Net margin	21.16%
Effective tax rate	14.39%
ROA	6.96%
ROE	15.36%
D/E	0.59x
Interest coverage ratio	7.32x

All financials

OTTR valuation

P/E	13.32x
P/S	2.76x
P/B	1.93x
P/CF	9.31x
P/FCF	36.78x
P/OCF	9.31x
PEG	-12.42x
EV multiple	5.99x

About

Utilities

Sector

Diversified Utilities

Industry

Otter Tail Corporation, an entity founded in 1907 and based in Fergus Falls, Minnesota, is a diversified enterprise conducting business in the United States across three primary sectors: an electric utility, manufacturing operations, and the production of plastic pipes. The company adopted its current name in 2001, having previously been known as Otter Tail Power Company. The Electric segment is responsible for generating, transmitting, distributing, and selling electricity.