---
schema_version: "secwatch.filing_event.v1"
accession: "0001466593-22-000006"
form_type: "8-K"
ticker: "OTTR"
cik: "0001466593"
company_name: "Otter Tail Corp"
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T07:56:26.751821+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Otter Tail reports record 2021 EPS $4.23; raises dividend 5.8%; guides 2022 EPS $3.78-$4.08

## Summary
- 2021 diluted EPS $4.23 vs $2.34 in 2020; Q4 EPS $1.23 vs $0.45 a year ago. Revenue $1.20B (+34.5% YoY).
- Quarterly dividend increased to $0.4125/share ($1.65 annual), a 5.8% increase from $1.56 in 2021.
- 2022 EPS guidance $3.78-$4.08; electric segment net income expected +7%; plastics earnings to decline from 2021 record.
- Electric segment net income +8.5% to $72.5M; plastics segment net income +255% to $97.8M; manufacturing +55.6% to $17.2M.
- Minnesota PUC approved 9.48% ROE in rate case; final rates expected mid-2022. Capex guidance $182M for 2022.

## SEC filing metadata
- accession: 0001466593-22-000006
- form_type: 8-K
- ticker: OTTR
- cik: 0001466593
- company_name: Otter Tail Corp
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000006/0001466593-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000006/ottr-20220214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466593-22-000006
- JSON: https://secwatch.observer/filing/0001466593-22-000006.json
- Plain text: https://secwatch.observer/filing/0001466593-22-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.