Otter tail corporation increases quarterly dividend

Fergus falls, minn.--( business wire )--otter tail corporation (nasdaq: ottr) announced today the board of directors increased the company's quarterly common stock dividend to $0.4375 per share. the increase brings the annual indicated dividend rate to $1.75 per share, a $0.10 increase over the 2022 rate. the dividend is payable on march 10, 2023 to shareholders of record on february 14, 2023.
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