02-05-2019, 05:20 PM
(02-05-2019, 12:28 PM)DividendGarden Wrote: Otter Tail (NASDAQ: OTTR) declares $0.35/share quarterly dividend, 4.5% increase from prior dividend of $0.335.
https://seekingalpha.com/news/3429656-ot...5-dividend
Heh. Never heard of these guys. May put them on a watch list just for the heck of it.
Looks pretty pricey for a utility. 23.1 P/E ratio vs. 10yr average of 22.3, only a BBB credit rating, small cap, and fairly low dividend growth over the past five years for its sub-3% yield.