Otter Tail Corporation (OTTR) Dividend History
OTTR latest dividend
$0.58last dividend per share
Ex-dividend dateAug 14Friday, 2026
Payment dateSep 10Thursday, 2026
The next dividend has not been announced yet.
- 12 yearsof dividend increases
- 1985paying since
- Quarterly4 payments a year
- +7.2%5-year growth a year
- 2.51%forward yield
OTTR dividend income calculator
- Dividend income a year
- $226
- Each payment
- $56
- Value of the shares
- $9,013
- Dividend yield
- 2.51%
At the latest close; forward annual dividend $2.26 per share, before tax.
OTTR dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
OTTR dividend safety
Payout ratio (earnings)34.9%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)89.9%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.2%
Growing · a year on average
Years of increases12
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
OTTR yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $77.27 | 2.92% | $2.26 | 2.9% |
| 3 years ago | $73.41 | 3.08% | $6.14 | 8.4% |
| 5 years ago | $58.24 | 3.88% | $9.50 | 16.3% |
| 10 years ago | $34.20 | 6.61% | $16.48 | 48.2% |
| 20 years ago | $29.81 | 7.58% | $28.47 | 95.5% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
OTTR dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
OTTR dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.10 | +12.2% | 2.60% | 4 |
| 2024 | $1.87 | +6.8% | 2.54% | 4 |
| 2023 | $1.75 | +6.1% | 2.06% | 4 |
| 2022 | $1.65 | +5.9% | 2.81% | 4 |
| 2021 | $1.56 | +5.4% | 2.18% | 4 |
| 2020 | $1.48 | +5.7% | 3.47% | 4 |
| 2019 | $1.40 | +4.5% | 2.73% | 4 |
| 2018 | $1.34 | +4.7% | 2.70% | 4 |
| 2017 | $1.28 | +2.2% | 2.88% | 4 |
| 2016 | $1.25 | +1.7% | 3.07% | 4 |
| 2015 | $1.23 | +1.6% | 4.62% | 4 |
| 2014 | $1.21 | +2.0% | 3.91% | 4 |
| 2013 | $1.19 | −0.3% | 4.06% | 4 |
| 2012 | $1.19 | 0.0% | 4.77% | 4 |
| 2011 | $1.19 | 0.0% | 5.41% | 4 |
| 2010 | $1.19 | 0.0% | 5.29% | 4 |
| 2009 | $1.19 | 0.0% | 4.80% | 4 |
| 2008 | $1.19 | +1.7% | 5.11% | 4 |
| 2007 | $1.17 | +1.7% | 3.39% | 4 |
| 2006 | $1.15 | — | 3.70% | 4 |
OTTR dividend history
167 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-14 | 2026-09-10 | $0.578 | — | Quarterly |
| 2026-05-15 | 2026-06-10 | $0.578 | — | Quarterly |
| 2026-02-13 | 2026-03-10 | $0.578 | +10.1% | Quarterly |
| 2025-11-14 | 2025-12-10 | $0.525 | — | Quarterly |
| 2025-08-15 | 2025-09-10 | $0.525 | — | Quarterly |
| 2025-05-15 | 2025-06-10 | $0.525 | — | Quarterly |
| 2025-02-14 | 2025-03-10 | $0.525 | +12.2% | Quarterly |
| 2024-11-15 | 2024-12-10 | $0.468 | — | Quarterly |
| 2024-08-15 | 2024-09-10 | $0.468 | — | Quarterly |
| 2024-05-14 | 2024-06-10 | $0.468 | — | Quarterly |
| 2024-02-14 | 2024-03-08 | $0.468 | +6.8% | Quarterly |
| 2023-11-14 | 2023-12-08 | $0.438 | — | Quarterly |
| 2023-08-14 | 2023-09-08 | $0.438 | — | Quarterly |
| 2023-05-12 | 2023-06-09 | $0.438 | — | Quarterly |
| 2023-02-13 | 2023-03-10 | $0.438 | +6.1% | Quarterly |
| 2022-11-14 | 2022-12-09 | $0.413 | — | Quarterly |
Show all 167 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-12 | 2022-09-09 | $0.413 | — | Quarterly |
| 2022-05-12 | 2022-06-10 | $0.413 | — | Quarterly |
| 2022-02-14 | 2022-03-10 | $0.413 | +5.9% | Quarterly |
| 2021-11-12 | 2021-12-10 | $0.39 | — | Quarterly |
| 2021-08-12 | 2021-09-10 | $0.39 | — | Quarterly |
| 2021-05-13 | 2021-06-10 | $0.39 | — | Quarterly |
| 2021-02-11 | 2021-03-10 | $0.39 | +5.4% | Quarterly |
| 2020-11-12 | 2020-12-10 | $0.37 | — | Quarterly |
| 2020-08-13 | 2020-09-10 | $0.37 | — | Quarterly |
| 2020-05-14 | 2020-06-10 | $0.37 | — | Quarterly |
| 2020-02-13 | 2020-03-10 | $0.37 | +5.7% | Quarterly |
| 2019-11-14 | 2019-12-10 | $0.35 | — | Quarterly |
| 2019-08-14 | 2019-09-10 | $0.35 | — | Quarterly |
| 2019-05-14 | 2019-06-10 | $0.35 | — | Quarterly |
| 2019-02-14 | 2019-03-09 | $0.35 | +4.5% | Quarterly |
| 2018-11-14 | 2018-12-10 | $0.335 | — | Quarterly |
| 2018-08-14 | 2018-09-10 | $0.335 | — | Quarterly |
| 2018-05-14 | 2018-06-09 | $0.335 | — | Quarterly |
| 2018-02-14 | 2018-03-10 | $0.335 | +4.7% | Quarterly |
| 2017-11-14 | 2017-12-09 | $0.32 | — | Quarterly |
| 2017-08-11 | 2017-09-09 | $0.32 | — | Quarterly |
| 2017-05-11 | 2017-06-10 | $0.32 | — | Quarterly |
| 2017-02-13 | 2017-03-10 | $0.32 | +2.2% | Quarterly |
| 2016-11-10 | 2016-12-10 | $0.313 | — | Quarterly |
| 2016-08-11 | 2016-09-10 | $0.313 | — | Quarterly |
| 2016-05-11 | 2016-06-10 | $0.313 | — | Quarterly |
| 2016-02-10 | 2016-03-10 | $0.313 | +1.6% | Quarterly |
| 2015-11-10 | 2015-12-10 | $0.308 | — | Quarterly |
| 2015-08-12 | 2015-09-10 | $0.308 | — | Quarterly |
| 2015-05-13 | 2015-06-10 | $0.308 | +0.3% | Quarterly |
| 2015-02-11 | 2015-03-10 | $0.307 | +1.3% | Quarterly |
| 2014-11-12 | 2014-12-10 | $0.303 | — | Quarterly |
| 2014-08-13 | 2014-09-10 | $0.303 | — | Quarterly |
| 2014-05-13 | 2014-06-10 | $0.303 | — | Quarterly |
| 2014-02-12 | 2014-03-10 | $0.303 | +2.0% | Quarterly |
| 2013-11-13 | 2013-12-10 | $0.297 | — | Quarterly |
| 2013-08-13 | 2013-09-10 | $0.297 | — | Quarterly |
| 2013-05-13 | 2013-06-10 | $0.297 | — | Quarterly |
| 2013-02-13 | 2013-03-09 | $0.297 | −0.3% | Quarterly |
| 2012-11-13 | 2012-12-10 | $0.298 | — | Quarterly |
| 2012-08-13 | 2012-09-10 | $0.298 | — | Quarterly |
| 2012-05-11 | 2012-06-09 | $0.298 | — | Quarterly |
| 2012-02-13 | 2012-03-10 | $0.298 | — | Quarterly |
| 2011-11-10 | 2011-12-10 | $0.298 | — | Quarterly |
| 2011-08-11 | 2011-09-10 | $0.298 | — | Quarterly |
| 2011-05-11 | 2011-06-10 | $0.298 | — | Quarterly |
| 2011-02-11 | 2011-03-10 | $0.298 | — | Quarterly |
| 2010-11-10 | 2010-12-10 | $0.298 | — | Quarterly |
| 2010-08-11 | 2010-09-10 | $0.298 | — | Quarterly |
| 2010-05-12 | 2010-06-10 | $0.298 | — | Quarterly |
| 2010-02-10 | 2010-03-10 | $0.298 | — | Quarterly |
| 2009-11-10 | 2009-12-10 | $0.298 | — | Quarterly |
| 2009-08-12 | 2009-09-10 | $0.298 | — | Quarterly |
| 2009-05-13 | 2009-06-10 | $0.298 | — | Quarterly |
| 2009-02-11 | 2009-03-10 | $0.298 | — | Quarterly |
| 2008-11-12 | 2008-12-10 | $0.298 | — | Quarterly |
| 2008-08-13 | 2008-09-10 | $0.298 | — | Quarterly |
| 2008-05-13 | 2008-06-10 | $0.298 | — | Quarterly |
| 2008-02-13 | 2008-03-10 | $0.298 | +1.7% | Quarterly |
| 2007-11-13 | 2007-12-10 | $0.293 | — | Quarterly |
| 2007-08-13 | 2007-09-10 | $0.293 | — | Quarterly |
| 2007-05-11 | 2007-06-09 | $0.293 | — | Quarterly |
| 2007-02-13 | 2007-03-10 | $0.293 | +1.7% | Quarterly |
| 2006-11-13 | 2006-12-09 | $0.288 | — | Quarterly |
| 2006-08-11 | 2006-09-09 | $0.288 | — | Quarterly |
| 2006-05-11 | 2006-06-10 | $0.288 | — | Quarterly |
| 2006-02-13 | 2006-03-10 | $0.288 | +2.9% | Quarterly |
| 2005-11-10 | 2005-12-10 | $0.28 | — | Quarterly |
| 2005-08-11 | 2005-09-10 | $0.28 | — | Quarterly |
| 2005-05-11 | 2005-06-10 | $0.28 | — | Quarterly |
| 2005-02-11 | 2005-03-10 | $0.28 | +1.8% | Quarterly |
| 2004-11-10 | 2004-12-10 | $0.275 | — | Quarterly |
| 2004-08-11 | 2004-09-10 | $0.275 | — | Quarterly |
| 2004-05-12 | 2004-06-10 | $0.275 | — | Quarterly |
| 2004-02-11 | 2004-03-10 | $0.275 | +1.9% | Quarterly |
| 2003-11-12 | 2003-12-10 | $0.27 | — | Quarterly |
| 2003-08-13 | 2003-09-10 | $0.27 | — | Quarterly |
| 2003-05-13 | 2003-06-10 | $0.27 | — | Quarterly |
| 2003-02-12 | 2003-03-10 | $0.27 | +1.9% | Quarterly |
| 2002-11-13 | 2002-12-10 | $0.265 | — | Quarterly |
| 2002-08-13 | 2002-09-10 | $0.265 | — | Quarterly |
| 2002-05-13 | 2002-06-10 | $0.265 | — | Quarterly |
| 2002-02-13 | 2002-03-09 | $0.265 | +1.9% | Quarterly |
| 2001-11-13 | 2001-12-10 | $0.26 | — | Quarterly |
| 2001-08-13 | 2001-09-10 | $0.26 | — | Quarterly |
| 2001-05-11 | 2001-06-09 | $0.26 | — | Quarterly |
| 2001-02-13 | 2001-03-10 | $0.26 | +2.0% | Quarterly |
| 2000-11-13 | 2000-12-09 | $0.255 | — | Quarterly |
| 2000-08-11 | 2000-09-09 | $0.255 | — | Quarterly |
| 2000-05-11 | 2000-06-10 | $0.255 | — | Quarterly |
| 2000-02-11 | 2000-03-10 | $0.255 | +3.0% | Quarterly |
| 1999-11-10 | 1999-12-10 | $0.2475 | — | Quarterly |
| 1999-08-11 | 1999-09-10 | $0.2475 | — | Quarterly |
| 1999-05-12 | 1999-06-10 | $0.2475 | — | Quarterly |
| 1999-02-10 | 1999-03-10 | $0.2475 | +3.1% | Quarterly |
| 1998-11-10 | 1998-12-10 | $0.24 | — | Quarterly |
| 1998-08-12 | 1998-09-10 | $0.24 | — | Quarterly |
| 1998-05-13 | 1998-06-10 | $0.24 | — | Quarterly |
| 1998-02-11 | 1998-03-10 | $0.24 | +3.2% | Quarterly |
| 1997-11-12 | 1997-12-10 | $0.2325 | — | Quarterly |
| 1997-08-13 | 1997-09-10 | $0.2325 | — | Quarterly |
| 1997-05-13 | 1997-06-10 | $0.2325 | — | Quarterly |
| 1997-02-12 | 1997-03-10 | $0.2325 | +3.3% | Quarterly |
| 1996-11-13 | 1996-12-10 | $0.225 | — | Quarterly |
| 1996-08-13 | 1996-09-10 | $0.225 | — | Quarterly |
| 1996-05-13 | 1996-06-10 | $0.225 | — | Quarterly |
| 1996-02-13 | 1996-03-09 | $0.225 | +2.3% | Quarterly |
| 1995-11-13 | 1995-12-09 | $0.22 | — | Quarterly |
| 1995-08-11 | 1995-09-09 | $0.22 | — | Quarterly |
| 1995-05-09 | 1995-06-10 | $0.22 | — | Quarterly |
| 1995-02-09 | 1995-03-10 | $0.22 | +2.3% | Quarterly |
| 1994-11-08 | 1994-12-10 | $0.215 | — | Quarterly |
| 1994-08-09 | 1994-09-10 | $0.215 | — | Quarterly |
| 1994-05-09 | 1994-06-10 | $0.215 | — | Quarterly |
| 1994-02-09 | 1994-03-10 | $0.215 | +2.4% | Quarterly |
| 1993-11-08 | 1993-12-10 | $0.21 | — | Quarterly |
| 1993-08-09 | 1993-09-10 | $0.21 | — | Quarterly |
| 1993-05-10 | 1993-06-10 | $0.21 | — | Quarterly |
| 1993-02-08 | 1993-03-10 | $0.21 | +2.4% | Quarterly |
| 1992-11-06 | 1992-12-10 | $0.205 | — | Quarterly |
| 1992-08-10 | 1992-09-10 | $0.205 | — | Quarterly |
| 1992-05-11 | 1992-06-10 | $0.205 | — | Quarterly |
| 1992-02-10 | 1992-03-10 | $0.205 | −48.8% | Quarterly |
| 1991-11-08 | 1991-12-10 | $0.4 | +100.0% | Quarterly |
| 1991-08-09 | 1991-09-10 | $0.2 | — | Quarterly |
| 1991-05-09 | 1991-06-10 | $0.2 | — | Quarterly |
| 1991-02-11 | 1991-03-09 | $0.2 | +2.6% | Quarterly |
| 1990-11-08 | 1990-12-10 | $0.195 | — | Quarterly |
| 1990-08-09 | 1990-09-10 | $0.195 | −50.0% | Quarterly |
| 1990-05-09 | 1990-06-09 | $0.39 | +100.0% | Quarterly |
| 1990-02-09 | 1990-03-10 | $0.195 | +2.6% | Quarterly |
| 1989-11-09 | 1989-12-09 | $0.19 | — | Quarterly |
| 1989-08-09 | 1989-09-09 | $0.19 | — | Quarterly |
| 1989-05-09 | 1989-06-10 | $0.19 | — | |
| 1989-02-09 | 1989-03-10 | $0.19 | +2.7% | |
| 1988-11-08 | 1988-12-10 | $0.185 | — | |
| 1988-08-09 | 1988-09-10 | $0.185 | — | |
| 1988-05-09 | 1988-06-10 | $0.185 | — | |
| 1988-02-08 | 1988-03-10 | $0.185 | +1.4% | |
| 1987-11-06 | 1987-12-10 | $0.1825 | — | |
| 1987-08-10 | 1987-09-10 | $0.1825 | — | |
| 1987-05-11 | 1987-06-10 | $0.1825 | — | |
| 1987-02-09 | 1987-03-10 | $0.1825 | −48.6% | |
| 1986-11-07 | — | $0.355 | — | |
| 1986-08-11 | — | $0.355 | — | |
| 1986-05-09 | — | $0.355 | — | |
| 1986-02-10 | — | $0.355 | +2.9% | |
| 1985-11-08 | — | $0.345 | — | |
| 1985-08-09 | — | $0.345 | — | |
| 1985-05-09 | — | $0.345 | — | |
| 1985-02-08 | — | $0.345 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
OTTR stock split history
- 2:1March 16, 2000
- 2:1June 16, 1988
OTTR dividend overview
Otter Tail pays an annual dividend of $2.26 per share, a yield of 2.51% at the latest close, paid quarterly. It paid $2.10 per share in 2025, up 12.2% from 2024. It has raised its dividend for 12 consecutive years. Over five years the dividend grew 7.2% a year on average and over ten years 5.5% a year. The payout ratio is 34.9% of trailing earnings.
Related: OTTR cash flow statement, OTTR key metrics, OTTR chart. See the OTTR stock overview for the latest quote and news.
OTTR dividends FAQ
Does Otter Tail pay a dividend?
Yes. Otter Tail has paid a regular dividend since 1985, quarterly, most recently $0.58 per share with an ex-dividend date of August 14, 2026.
What is Otter Tail's dividend yield?
Otter Tail's forward annual dividend is $2.26 per share, a dividend yield of 2.51% at the latest close of $90.13.
How often does Otter Tail pay dividends?
Otter Tail pays dividends quarterly.
How fast is Otter Tail's dividend growing?
Otter Tail's dividend per share grew from $1.48 in 2020 to $2.10 in 2025, 7.2% a year on average over five years; it has increased for 12 years in a row.
What is Otter Tail's dividend payout ratio?
Otter Tail pays out 34.9% of its trailing earnings as dividends and 89.9% of its free cash flow (fiscal 2025).
Has Otter Tail split its stock?
Otter Tail has split its stock 2 times: 2:1 on March 16, 2000, 2:1 on June 16, 1988. Dividends per share on this page are adjusted for splits.