Business
Otis Declares Quarterly Dividend of $0.42 per Share
The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on March 13, 2026, to shareholders of record at the close of business on February 13, 2026.
About this update from Otis Worldwide Corporation
[{"type":"text","content":"FARMINGTON, Conn., Jan. 29, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on March 13, 2026, to shareholders of record at the close of business on February 13, 2026.","length":334,"tagName":"p"},{"type":"text","content":"About Otis","length":10,"tagName":"p"},{"type":"text","content":"Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.","length":893,"tagName":"p"},{"type":"text","content":"Cautionary Statement","length":20,"tagName":"p"},{"type":"text","content":"This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. All forward-looking statements involve risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Past dividends provide no assurance as to future dividends. The payment and amount of future dividends could vary significantly from past amounts due to a number of risks and uncertainties. Risks and uncertainties include: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, future availa...