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A dividend of 0,39 dollars per share will be credited to the shareholders of Otis Worldwide on June 7, 2024, offering a yield of 0.43%.
May 16, 2024 marks the final date to buy shares of Otis Worldwide if you wish to receive a dividend on June 7, 2024.
The dividend from Otis Worldwide of 0.34 dollars paid on March 8, 2024 had a yield of 0.37%.
Otis Worldwide Corp dominates almost 90% of the elevator market in the United States and is one of the largest in the world in its field, which leads many long-term investors to participate in its share price because it demonstrates reliability and stability over time.
It distributes its dividends in four parts, segregating the annual total in three-month portions, starting with the first installment in March, the second in June, the third in September and the last in December.
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Payout Ratio Otis Worldwide Dividends
Dividend calendar of Otis Worldwide
These are the most important events of the Otis Worldwide calendar in 2024:
| Event | Day |
|---|---|
| Last trading date | May 15, 2024 |
| Ex-Dividend (Ex-Date) | May 16, 2024 |
| Record date | May 17, 2024 |
| Date of payment | June 7, 2024 |
Dividend history of Otis Worldwide
In this table you can see the complete history:
| Year | Ex-Dividend | Amount | Total |
|---|---|---|---|
| 2024 | 02/15/2024 | 0.34 $ | 0.34 $ |
| 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 $ |
Information about Otis Worldwide
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 was sold to Russia to S8 Capital holding company, including technology, equipment and qualified personnel.
Its products have allowed the creation of a great variety of skyscrapers, guaranteeing vertical mobility in long stretches, 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 well-known 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.
Frequently asked questions about Otis Worldwide dividends
Otis Worldwide is listed on the New York Stock Exchange and is part of the Nyse.
Otis Worldwide has the Ticker or stock code OTIS.
The CEO of Otis Worldwide in 2024 is Ms. Judith F. Marks.