Otter Tail raises quarterly dividend 12% to 52.5c per share

Otter Tail (OTTR) announced that its Board of Directors increased the company’s quarterly common stock dividend to 52.5c per share. The increase brings the annual indicated dividend rate to $2.10 per share, a 23c, or 12.3%, increase over the 2024 rate. The first quarter dividend is payable on March 10 to shareholders of record on February 14.