Otter Tail raises quarterly dividend payout; shares rise

Otter Tail

08/01/2026 16:48

** Shares of plastic pipe maker Otter Tail OTTR.O rise nearly 2.3% to about $83.2

** Fergus Falls, Minnesota-based company increases quarterly dividend by 10% to about 57.8 cents per share

** First-quarter dividend is payable on March 10 to shareholders of record on February 13

** One of three brokerages rate the stock "buy" and two "hold"; their median PT is $83  — data compiled by LSEG

** As of last close, shares up 9.9% over the past year

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))