Otis Announces Quarterly Dividend of $0.44 Per Share
PR Newswire
1h ago
Ai Focus
Otis Worldwide Corporation The board of directors announced on October 29th the distribution of a quarterly cash dividend of $0.44 per share. This dividend will be paid to shareholders registered as of the close of trading on November 13, 2026, on December 11, 2026.
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FARMINGTON, Conn. On October 29th / PRNewswire / -- Otis Worldwide Corporation (NYSE : OTIS) The board of directors announced today that it will distribute a quarterly dividend of $0.44 per share of Otis common stock.

The dividend will be paid on December 11, 2026, to shareholders who are registered as of the close of trading on November 13, 2026.

About Otis

Otis is committed to enabling people to connect freely and thrive in a higher, faster, and smarter world. As a global leader in the manufacturing, installation, service, and modernization of elevators and escalators, the company transports 2.5 billion people every day and maintains approximately 2.5 million customer units worldwide, which represents the largest service portfolio in the industry. Otis's products can be found in some of the most iconic buildings around the world, as well as residential and commercial buildings, transportation hubs, and various places where people move constantly. Headquartered in Connecticut, USA, the company employs 72,000 people, including 45,000 field professionals, dedicated to manufacturing, installing, and maintaining products to meet the diverse needs of customers and passengers in over 200 countries and regions. For more information, please visit www.otis.com, and follow @OtisElevatorCo on LinkedIn, YouTube, Instagram, and Facebook.

Disclaimer

This press release contains statements regarding expected earnings, cash flows, and dividends, which are considered “forward-looking statements” as defined by the Securities Law. All forward-looking statements involve risks, uncertainties, and assumptions that could lead to significant differences between actual results and those stated or implied in these forward-looking statements. Past dividends do not guarantee future dividends. The payment and amount of future dividends may differ significantly from past amounts due to various risks and uncertainties. Relevant risks and uncertainties include: (1) the economic conditions of Otis and its industries and markets in the United States and globally, including financial market conditions, fluctuations in commodity prices, interest rates and exchange rates, future availability of credit and factors that may affect credit availability or costs (including tightening of credit terms), levels of construction demand in end markets, health issues related to the pandemic, natural disasters, and the financial conditions of Otis customers and suppliers; (2) risks related to debt; (3) challenges in the development and production of new products and services; and (4) the impact of changes in laws and regulations, political environments, and geopolitical conflicts in the countries where the company operates, as well as other factors beyond the company's control. The above factors are not exhaustive and are not necessarily ranked in order of importance. For more information on factors that could cause actual results to differ from forward-looking statements, please refer to the 10-K, 10-Q, and 8-K reports submitted from time to time to the U.S. Securities and Exchange Commission by Otis. Except as required by applicable law, Otis assumes no obligation to update or revise these statements due to new information, future events, or other reasons.

SOURCE Otis Worldwide Corporation

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