Otis Worldwide Corporation (OTIS) Dividend History

Otis Worldwide Corporation (OTIS) is a leading manufacturer of elevators, escalators, and Moving walkways. Founded in 1853 and headquartered in Connecticut, Otis is recognized for pioneering elevator technology and maintaining a global presence with its extensive service network, providing mobility solutions for buildings and infrastructure worldwide.

One Carrier Place, Farmington, CT, 06032
Phone: (860) 674-3000
Website: https://www.otis.com

Dividend History

Pay Date	Amount	Ex Dividend Date	Record Date
June 06, 2025	$0.42	05/16/2025	05/16/2025
March 07, 2025	$0.39	02/14/2025	02/14/2025
December 06, 2024	$0.39	11/15/2024	11/15/2024
September 06, 2024	$0.39	08/16/2024	08/16/2024
June 07, 2024	$0.39	05/16/2024	05/17/2024
March 08, 2024	$0.34	02/15/2024	02/16/2024
December 08, 2023	$0.34	11/16/2023	11/17/2023
September 08, 2023	$0.34	08/17/2023	08/18/2023
June 09, 2023	$0.34	05/18/2023	05/19/2023
March 10, 2023	$0.29	02/16/2023	02/17/2023
December 10, 2022	$0.29	11/17/2022	11/18/2022
September 10, 2022	$0.29	08/18/2022	08/19/2022
June 10, 2022	$0.29	05/19/2022	05/20/2022
March 10, 2022	$0.24	02/17/2022	02/18/2022
December 10, 2021	$0.24	11/18/2021	11/19/2021
September 10, 2021	$0.24	08/19/2021	08/20/2021
June 10, 2021	$0.24	05/20/2021	05/21/2021
March 10, 2021	$0.20	02/11/2021	02/12/2021
December 10, 2020	$0.20	11/19/2020	11/20/2020
September 10, 2020	$0.20	08/20/2020	08/21/2020
June 10, 2020	$0.20	05/21/2020	05/22/2020

Dividends Summary

Otis Worldwide Corporation has issued 21 dividend payments over the past 5 years
The most recent dividend was paid 1 days ago, on June 6, 2025
The first recorded dividend was paid on June 10, 2020
The highest dividend payout was $0.42 per share
The average dividend over this 5 year span is $0.30 per share
Otis Worldwide Corporation has increased its dividend payments by 110.00% since 2020

Company News

Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share

Otis Worldwide Corporation announced an 8% increase in its quarterly dividend to $0.42 per share, demonstrating the company's commitment to creating value for shareholders through its disciplined capital allocation strategy.

Benzinga
Otis Declares Quarterly Dividend of $0.39 per Share

Otis Worldwide Corporation declared a quarterly dividend of $0.39 per share, payable on March 7, 2025, to shareholders of record on February 14, 2025.

Benzinga
Elevator Maker Otis Reports Mixed Q4 Results, China Weakness Weighs On Outlook

Otis Worldwide reported mixed Q4 results, with sales beating estimates but earnings missing expectations. The company's 2025 outlook also came in below consensus, weighed down by weakness in China. The company has launched a transformation program to adjust its operating model in China.

Benzinga

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The U.S. elevator manufacturing industry is facing challenges due to high interest rates and a weakened construction sector, leading to a decline in revenue over the past five years. However, a rate cut in 2024 provides a bright spot for the industry.

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Dividend data last updated 06/07/2025 04:26:45 UTC

Otis Worldwide Corporation (OTIS) Dividend History

Dividend History

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