Otter Tail raises quarterly dividend to 57.75c per share

Otter Tail (OTTR) Corporation announced that its Board of Directors increased the company’s quarterly common stock dividend to 57.75c per share. The increase brings the annual indicated dividend rate to $2.31 per share, a 21c, or 10% increase over the 2025 rate. “Otter Tail Corporation continues to be in a position of financial strength, and for a second year in a row, we have announced a double-digit increase to our dividend,” said President and CEO Chuck MacFarlane. “This level of increase reflects our commitment to delivering shareholder value and returning money to shareholders.” The first quarter dividend is payable on March 10, 2026 to shareholders of record on February 13, 2026.