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Otter Tail Corporation Declares Quarterly Dividend

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FARGO, N.D., May 3, 2013 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) announced today that the Board of Directors declared a quarterly common dividend of $0.2975 cents per share, payable on June 10, 2013 to shareholders of record on May 15, 2013. This represents the 298th consecutive quarter that dividends have been paid on common stock.

The corporation will issue a news release announcing first quarter 2013 financial results after the market close on May 6, 2013.

About Otter Tail Corporation: Otter Tail Corporation has interests in diversified operations that include an electric utility, manufacturing and infrastructure businesses. Otter Tail Corporation stock trades on the NASDAQ Global Select Market under the symbol OTTR. The latest investor and corporate information is available at www.ottertail.com. Corporate offices are located in Fergus Falls, Minnesota, and Fargo, North Dakota.

CONTACT: Investor Relations (800) 664-1259

Source:Otter Tail Corporation