Otter Tail Corp. Recognized Among Top Dividend-Paying Utilities

Solid Financial Performance and Dividend History Highlights OTTR’s Appeal

Otter Tail Corp. (Symbol: OTTR) has recently been highlighted as a Top 10 dividend-paying utility stock by Dividend Channel in its weekly report titled “DividendRank.” This report emphasized that OTTR not only boasts attractive valuation metrics but also demonstrates strong profitability. The company’s solid track record of dividend payments and favorable long-term growth rates in essential financial indicators further underscores its investment potential.

The report stated, “Dividend investors looking for value typically focus on the most profitable companies that are also trading at appealing valuations. Our proprietary DividendRank formula helps identify these stocks based on profitability and valuation criteria, presenting a list of top stocks that warrant further investigation.”

Investors will find the annualized dividend paid by Otter Tail Corp. stands at $1.87 per share, issued quarterly. The most recent dividend ex-date was on 11/15/2024. The significance of a company’s past dividend history cannot be overstated, as it can provide valuable insights into the sustainability of its current dividend.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.