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 to 7 percent. 2024 will mark the 86th consecutive year dividends will be paid on common stock. The fi