Archived Story

OTC declares quarterly dividend

Published 6:27am Tuesday, February 12, 2013 Updated 8:31am Tuesday, February 12, 2013

Otter Tail Corporation announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on March 9, to shareholders of record on Feb. 15. This represents the 297th consecutive quarter that dividends have been paid on common stock.

The Board also declared quarterly dividends on the corporation’s four series of preferred stock, payable March 1, to shareholders of record on Feb. 15.

The corporation will issue a news release announcing 2012 financial results after the market close on Feb. 11.

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