Otter Tail (OTTR) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $2.26
- Forward yield
- 2.56%
- Payout ratio
- 34.8%
- Growth streak
- 5 years
Otter Tail pays a quarterly dividend of $0.58 per share. Its most recent payment had an ex-date of August 14, 2026 and was paid on September 10, 2026. The source puts the trailing twelve months at $2.26 per share, a yield of about 2.55% at a share price of $88.50.
The record shows a steady annual rhythm. Otter Tail has raised its dividend once a year, each time with the payment that goes ex-dividend in February. The rate went from $0.39 to $0.41 in 2022, then to $0.44 in 2023, $0.47 in 2024, $0.53 in 2025 and $0.58 in 2026. Those raises were about 5.1%, 7.3%, 6.8%, 12.8% and 9.4%. Since late 2021, the quarterly rate has grown about 49%. Payments by calendar year rose from $1.64 in 2022 to $1.76 in 2023, $1.88 in 2024 and $2.12 in 2025. The company has now increased its dividend for five consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in mid-November 2026 and be paid around December 10. Past raises have come with the February payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 3, 2026 | Aug 14, 2026 | Sep 10, 2026 | $0.58 |
| May 4, 2026 | May 15, 2026 | Jun 10, 2026 | $0.58 |
| Jan 7, 2026 | Feb 13, 2026 | Mar 10, 2026 | $0.58 |
| Nov 3, 2025 | Nov 14, 2025 | Dec 10, 2025 | $0.53 |
| Aug 4, 2025 | Aug 15, 2025 | Sep 10, 2025 | $0.53 |
| May 5, 2025 | May 15, 2025 | Jun 10, 2025 | $0.53 |
| Feb 4, 2025 | Feb 14, 2025 | Mar 10, 2025 | $0.53 |
| Nov 4, 2024 | Nov 15, 2024 | Dec 10, 2024 | $0.47 |
| Aug 5, 2024 | Aug 15, 2024 | Sep 10, 2024 | $0.47 |
| May 3, 2024 | May 14, 2024 | Jun 10, 2024 | $0.47 |
| Feb 5, 2024 | Feb 14, 2024 | Mar 8, 2024 | $0.47 |
| Oct 30, 2023 | Nov 14, 2023 | Dec 8, 2023 | $0.44 |
| Jul 31, 2023 | Aug 14, 2023 | Sep 8, 2023 | $0.44 |
| May 1, 2023 | May 12, 2023 | Jun 9, 2023 | $0.44 |
| Feb 3, 2023 | Feb 13, 2023 | Mar 10, 2023 | $0.44 |
| Oct 31, 2022 | Nov 14, 2022 | Dec 9, 2022 | $0.41 |
| Aug 1, 2022 | Aug 12, 2022 | Sep 9, 2022 | $0.41 |
| May 2, 2022 | May 12, 2022 | Jun 10, 2022 | $0.41 |
| Feb 4, 2022 | Feb 14, 2022 | Mar 10, 2022 | $0.41 |
| Nov 1, 2021 | Nov 12, 2021 | Dec 10, 2021 | $0.39 |
Frequently asked questions
Does Otter Tail (OTTR) pay a dividend?
Yes. Otter Tail pays a quarterly dividend; the most recent payment was $0.58 per share.
What is OTTR's dividend yield?
Otter Tail paid $2.26 per share over the trailing twelve months, a yield of 2.56% at the last price of $88.35. Click here to learn more
When is OTTR's most recent ex-dividend date?
Otter Tail's most recent ex-dividend date is Aug 14, 2026, payable on Sep 10, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has OTTR been raising its dividend?
Yes — Otter Tail has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.