FERGUS FALLS, Minn.--(BUSINESS WIRE)--Yesterday the Minnesota Public Utilities Commission (MPUC) approved Otter Tail Power's, a wholly-owned subsidiary of Otter Tail Corporation (Nasdaq: OTTR), resource plan containing many elements of the settlement between Otter Tail Power and other parties filed April 2, 2024, in the company's 2022-2036 Integrated Resource Plan docket. The MPUC decision: All...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2024. SUMMARY Diluted earnings per share increased 19% to $1.77 per share compared to the first quarter of 2023. Midpoint of 2024 earnings guidance increased 21% to $6.38 per share. Return on equity of 22% over the trailing twelve months. CEO OVERVIEW “We...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) announced today the Board of Directors declared a quarterly common stock dividend of $0.4675 per share. The dividend is payable on June 10, 2024 to shareholders of record May 15, 2024. The corporation will issue a news release announcing first quarter 2024 financial results after the stock market closes on Monday, May 6...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing first quarter 2024 financial results after the stock market closes on Monday, May 6, 2024 and will host a live conference call and webcast on Tuesday, May 7, 2024 at 10:00 a.m. CT to discuss the corporation's financial and operating performance. Accompanying slides will be posted on ...
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 $0.4675 per share. The increase brings the annual indicated dividend rate to $1.87 per share, a $0.12, or 6.9 percent, increase over the 2023 rate. The increase is in line with our stated long term earnings growth rate of 5...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing 2023 financial results after the stock market closes on Monday, February 12, 2024 and will host a live conference call and webcast on Tuesday, February 13, 2024 at 10:00 a.m. CT to discuss the corporation's financial and operating performance. Accompanying slides will be posted on th...
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