Our Business Strategy
Otter Tail Corporation employs a diversified business model with a regulated electric utility at its core, completed by manufacturing and plastic pipe businesses. Our mission is to deliver value to our shareholders, customers and employees by building strong electric and manufacturing platforms.
Our electric platform provides predictable earnings through consistent rate base growth while our manufacturing platform regularly produces accretive returns and incremental cash. This strategic mix of businesses has enabled us to produce a utility industry leading return on equity over the long term.
Our diversified business model continues to serve us and our shareholders well – it allows us to fund our electric platform’s significant, customer-focused capital investment plan without the need for external equity.
For more information regarding our business portfolio, strategy and customer-focused growth plan, please refer to our latest investor presentation.
Key Performance Indicators
2024 earnings
$7.17
per share
2025 dividends
$2.10
indicated annual rate
Investment Highlights
Balanced Growth and Income Model
Stable and Growing Utility Base
Successful Manufacturing Businesses
Prudent Capital Allocation Strategy