Otter Tail (OTTR) Dividends & Splits

Otter Tail Corp (OTTR) is a publicly traded company that operates in the utility and manufacturing industries. As a dividend-paying stock, OTTR provides an attractive investment opportunity for income-focused investors. The company has a strong history of paying dividends and has a current dividend yield of X%. This means that for every dollar invested in OTTR stock, investors can expect to receive X% in annual dividend payments.

The payout ratio of Otter Tail Corp (OTTR) is a key metric to consider when evaluating the sustainability of its dividend payments. The payout ratio is the percentage of earnings that are paid out as dividends. A lower payout ratio indicates that the company is retaining more earnings to reinvest in the business, while a higher payout ratio suggests that a larger portion of earnings is being distributed to shareholders. OTTR has a payout ratio of X%, which is considered to be sustainable and indicates that the company has room to continue increasing its dividend in the future.