Otter Tail is a utility but has made numerous investments in other fields, most recently in wind energy thru a subsidiary called DMI Industries, which manufactures wind towers. The stock is down 25% recently to about $30, but yields 4% with a good history of increasing dividends. OTTR completed a stock offering last week and is expected to invest in DMI.
Bill Gates thru his investment vehicle, Cascade Investment, owns almost 9%.
Monday, September 22, 2008
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