Otter Tail Corporation Announces Record Annual Earnings, Increases Quarterly Dividend, and Announces 2024 Earnings Guidance [Yahoo! Finance]
Otter Tail Corporation (OTTR)
Last otter tail corporation earnings: 2/17 05:00 pm
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US:NASDAQ Investor Relations:
otpco.com/about-us/investor-information
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Source: Yahoo! Finance
2023 SUMMARY (in millions, except per share amounts) Q4 2023 Q4 2022 Operating Revenues Net Income Diluted Earnings Per Share Compared to the year ended December 31, 2022: Consolidated operating revenues decreased 8% to $1.3 billion. Consolidated net income increased 4% to $294.2 million. Diluted earnings per share increased 3% to $7.00 per share. The corporation achieved a consolidated return on equity of 22.1% on an equity ratio of 61.4%. The corporation's board of directors increased the quarterly common stock dividend to $0.4675 per share, an indicated annual dividend rate of $1.87 per share in 2024, a 7% increase from $1.75 per share in 2023. CEO OVERVIEW "Otter Tail Corporation, through the efforts of our employees and the strength of our diversified business model, produced record earnings in 2023, beating the record set last year," said President and CEO Chuck MacFarlane. "Electric segment earnings grew 6 percent compared to 2022, driven by the rec
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OTTR
News
- Otter Tail Corporation Declares Quarterly DividendBusiness Wire
- Otter Tail Corporation Will Host Conference Call on First Quarter 2024 Financial ResultsBusiness Wire
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OTTR
Earnings
- 2/12/24 - Beat
OTTR
Sec Filings
- 5/3/24 - Form S-3ASR
- 5/3/24 - Form S-3ASR
- 4/10/24 - Form 8-K
- OTTR's page on the SEC website