Otis Worldwide Corporation
OTISOtis 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.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 5, 2025 | $0.42 | 2025-11-14 | 2025-11-14 |
| September 5, 2025 | $0.42 | 2025-08-15 | 2025-08-15 |
| June 6, 2025 | $0.42 | 2025-05-16 | 2025-05-16 |
| March 7, 2025 | $0.39 | 2025-02-14 | 2025-02-14 |
| December 6, 2024 | $0.39 | 2024-11-15 | 2024-11-15 |
Dividends Summary
- Consistent Payer: Otis Worldwide Corporation has rewarded shareholders with 23 dividend payments over the past 5 years.
- Total Returned Value: Investors who held OTIS shares during this period received a total of $7.10 per share in dividend income.
- Latest Payout: The most recent dividend of $0.42/share was paid 49 days ago, on December 5, 2025.
- Yield & Schedule: OTIS currently pays dividends quarterly with an annual yield of 1.83%.
- Dividend Growth: Since 2020, the dividend payout has grown by 110.0%, from $0.20 to $0.42.
- Dividend Reliability: OTIS has maintained or increased its dividend for 23 consecutive payments.
Company News
Otis Worldwide Corporation announced a quarterly dividend of $0.42 per share, payable on December 5, 2025, to shareholders of record as of November 14, 2025.
Canoe Financial increased its stake in Otis Worldwide by 940,862 shares, valued at $85.41 million, making it the fund's seventh-largest holding and representing 3.1% of its assets under management.
Otis Worldwide Corporation announced a quarterly dividend of $0.42 per share, payable on September 5, 2025, to shareholders of record as of August 15, 2025.
The European elevator and escalator market is projected to grow at 2.63% CAGR, reaching 164,037 units by 2030, driven by AI integration, infrastructure investments, and accessibility needs, despite challenges like housing crisis and labor shortages.
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.
