Otis Elevator dividends 2023

Throughout this page you will find all the information you need to understand how Otis Elevator Company (OTIS) dividends work. You will also be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, money to be received per share, yield and any other questions you may have.

Information about Otis

Otis Elevator Company is a company dedicated to the manufacture of elevators and vertical transfer systems such as escalators, moving belts, among others.

It was founded in the United States in 1853 by Elisha Graves Otis, who invented the safety brake system that prevents a fall of the cabin in case the pulleys or cables are broken or damaged, although the origin of the elevator is very old, its possibility of safe and automatic use was facilitated by this readjustment.

In 1976 “United Technologies” was acquired and moved its headquarters to Connecticut and then in July 2022 it was sold to “Russia to S8 Capital Holding”, including technology, equipment and qualified personnel.

Its products have enabled the creation of a wide variety of skyscrapers, ensuring vertical mobility over long spans, for which the brand has been recognized worldwide, being a leader in its industry, it is estimated that the world’s population uses an Otis equipment on an average of every three days.

The company has installed units in renowned buildings such as the Eiffel Tower, the Petronas Towers, the Burj Khalifa, the World Trade Center, the Mapfre Tower in Spain, the Cepsa Tower and the Picasso Tower, among others.

How can I invest in Otis Worldwide shares and receive dividends?

If you want to invest in Otis Worldwide stocks and collect dividends, you can do it with Scalable Capital broker in just a few minutes. We leave you a complete guide with our opinion so you can see the variety of stocks and ETFs to invest in dividends.

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When are the upcoming Otis Worldwide dividends in 2023?

Otis Worldwide will distribute 0.34 dollars per share in the form of a dividend on December 8, 2023.

What is the last day to buy Otis Worldwide stocks and get dividends?

The November 16, 2023 is the ex-dividend date. So if you wish to receive Otis Worldwide dividends, you must buy one day before this date.

Dividend calendar of Otis Worldwide

This is the Dividend Calendar of Otis Worldwide in 2023.

Event	Day
Last trading date	November 15, 2023
Ex-Dividend (Ex-Date)	November 16, 2023
Record date	November 17, 2023
Date of payment	December 8, 2023

Dividends schedule Otis Worldwide

Dividend yield history in Otis Worldwide

Otis dividend policy

Otis Worldwide Corp dominates practically 90% of the elevator market in the United States and is one of the largest in the world in its area, this causes many long-term investors to participate in its share prices since it demonstrates reliability and stability over time.

It distributes its dividends in four parts, segregating the annual total in portions of three months, starting with the first installment in March, the second in June, the third in September and the last in December.

Dividend history of Otis Worldwide

In this table you can see the dividend history of Otis Worldwide:

Year	Ex-Dividend	Amount	Total
2023	11/16/2023 08/17/2023 05/18/2023 02/16/2023	0.34 $ 0.34 $ 0.34 $ 0.29 $	1.31 $
2022	11/17/2022 08/18/2022 05/19/2022 02/17/2022	0.29 $ 0.29 $ 0.29 $ 0.24 $	1.11 $
2021	11/18/2021 08/19/2021 05/20/2021 02/11/2021	0.24 $ 0.24 $ 0.24 $ 0.2 $	0.92 $
2020	11/19/2020 08/20/2020 05/21/2020	0.2 $ 0.2 $ 0.2 $	0.6 $