Otter Tail Dividends
OTTR Stock | USD 80.23 0.65 0.80% |
As of 11/28/2024, Dividend Payout Ratio is likely to grow to 0.26, while Dividends Paid is likely to drop slightly above 44.2 M. Otter Tail's past performance could be the main factor of why investors trade Otter Tail stock today. Investors should clearly understand every aspect of the Otter Tail dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Otter Tail's dividend schedule and payout information. Otter Tail dividends can also provide a clue to the current valuation of Otter Tail.
Number Of Dividends | Years Issued 40 | Previous Year 4 Times | Current Year 4 Times | Year Average 4 | Volatility 0.0 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 73.1 M | 44.2 M | |
Dividend Yield | 0.02 | 0.02 | |
Dividend Payout Ratio | 0.25 | 0.26 | |
Dividend Paid And Capex Coverage Ratio | 1.12 | 0.97 |
Otter |
Investing in dividend-paying stocks, such as Otter Tail is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Otter Tail must own a stock before its ex-dividend date to receive its next dividend.
Otter Tail Dividends Paid Over Time
Today, most investors in Otter Tail Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Otter Tail's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Otter Tail dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Otter Tail Historical Dividend Yield Growth
A solid dividend growth pattern of Otter Tail could indicate future dividend growth is likely, which can signal long-term profitability for Otter Tail. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Otter Tail dividend as a percentage of Otter Tail stock price. Otter Tail dividend yield is a measure of Otter Tail stock productivity, which can be interpreted as interest rate earned on an Otter Tail investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Otter Tail Dividends Paid (per share)
Dividends Paid |
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Otter Tail Past Distributions to stockholders
10th of September 2024 | ||
10th of June 2024 | ||
8th of March 2024 | ||
8th of December 2023 | ||
8th of September 2023 | ||
9th of June 2023 | ||
10th of March 2023 | ||
9th of December 2022 |
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Otter Tail. If investors know Otter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Otter Tail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 1.84 | Earnings Share 7.24 | Revenue Per Share 32.139 | Quarterly Revenue Growth (0.06) |
The market value of Otter Tail is measured differently than its book value, which is the value of Otter that is recorded on the company's balance sheet. Investors also form their own opinion of Otter Tail's value that differs from its market value or its book value, called intrinsic value, which is Otter Tail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Otter Tail's market value can be influenced by many factors that don't directly affect Otter Tail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Otter Tail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otter Tail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otter Tail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.