Does Otter Tail Corporation (OTTR) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Otter Tail Corporation (OTTR) pays a dividend with an approximate yield of ~$2.31/yr (~2.5%) as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.

Does Otter Tail Corporation (OTTR) pay a dividend?

Yes. Otter Tail Corporation distributes an approximate ~$2.31/yr (~2.5%) yield (early 2026), usually quarterly. OTTR trades at a mid-teens P/E, below many pure regulated utilities, reflecting the market's discount on the cyclical plastics earnings that are normalizing lower. Q1 2026 came in ahead of expectations with EPS of roughly $1.73, and management affirmed full-year guidance of about $5.22 to $5.62. The valuation debate hinges on how much of the earnings base is durable utility versus fading plastics upside.

OTTR dividend at a glance

Dividend yield
2.39%
Annual rate / share
$2.21
Payout ratio
32.32%
Ex-dividend date
2026-05-15
Recent payments per share
2026-05-15$0.578
2026-02-13$0.578
2025-11-14$0.525
2025-08-15$0.525
2025-05-15$0.525
2025-02-14$0.525

OTTR dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with OTTR's investor relations page before relying on it.

How to think about OTTR's dividend

  • Yield is a snapshot: ~$2.31/yr (~2.5%) today, but it moves with price and payout.
  • Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like OTTR.
  • Reinvest or take income: a DRIP compounds; taking the cash gives income now.
  • For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.

The bottom line on the OTTR dividend

Otter Tail Corporation (OTTR) pays an approximate ~$2.31/yr (~2.5%) dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the OTTR guide. Walnut can show how OTTR fits your real portfolio. It is not an investment adviser.

Build a basket around OTTR with Walnut

Use Otter Tail Corporation as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.

FAQ

Does Otter Tail Corporation (OTTR) pay a dividend?

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Otter Tail Corporation has an approximate dividend yield of ~$2.31/yr (~2.5%) (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or OTTR's investor relations page.

What is OTTR's dividend yield?

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Approximately ~$2.31/yr (~2.5%) as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.

How often does OTTR pay its dividend?

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US companies that pay dividends, like Otter Tail Corporation if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on OTTR's investor relations page before relying on the timing.

Can I reinvest OTTR dividends?

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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any OTTR dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.

Is OTTR a good dividend stock?

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Walnut is informational, not investment advice. With an approximate ~$2.31/yr (~2.5%) yield, OTTR is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.

Does OTTR pay a dividend?

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Yes. Otter Tail pays a quarterly dividend, totaling roughly $2.31 per share annually, for a yield near 2.5%. The company has a long history of paying dividends, supported by utility cash flows and a strong balance sheet.

Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with OTTR's investor relations page or your broker.

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