DIVIDEND ANNOUNCEMENT: Otter Tail Corp. (NASDAQ:OTTR) on 02/04/2022 declared a dividend of $0.4125 per share

Otter Tail Corp. (NASDAQ:OTTR) on 02/04/2022 declared a dividend of $ 0.4125 per share payable on March 10, 2022 to shareholders of record as of February 15, 2022. Dividend amount recorded is an increase of $ 0.0225 from last dividend Paid.

Otter Tail Corp. (NASDAQ:OTTR) has paid dividends since 1990, has a current dividend yield of 2.6673133373% and has increased its dividends for 8 successive years.

Otter Tail Corp.'s market cap is $ 2,569,664,400 and has a PE ratio of 17.93. The stock price closed yesterday at $ 61.86 and has a 52 week low/high of $ 40.46 and $ 71.89.

Otter Tail is a holding company. Through its subsidiaries, Co. is engaged in businesses classified into electric, manufacturing and plastics segments. Co.'s electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by its subsidiary. Co.'s manufacturing segment consists of contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components. Co.'s plastics segment consists of businesses producing polyvinyl chloride pipe at plants in North Dakota and Arizona.

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