DIVIDEND ANNOUNCEMENT: Otis Worldwide Corp (NYSE:OTIS) on 04/23/2024 declared a dividend of $0.3900 per share

Otis Worldwide Corp (NYSE:OTIS) on 04/23/2024 declared a dividend of $ 0.3900 per share payable on June 07, 2024 to shareholders of record as of May 17, 2024. Dividend amount recorded is an increase of $ 0.05 from last dividend Paid.

Otis Worldwide Corp (NYSE:OTIS) has paid dividends since 2020, has a current dividend yield of 1.4124000072% and has increased its dividends for 3 successive years.

Otis Worldwide Corp's market cap is $ 39,041,261,950 and has a PE ratio of 28.40. The stock price closed yesterday at $ 96.29 and has a 52 week low/high of $ 73.32 and $ 100.35.

Otis Worldwide is an elevator and escalator manufacturing, installation and service company. Co. segments include New Equipment and Service. Co.'s New Equipment segment designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential, commercial and infrastructure projects. Co. also provides escalators and moving walkways. Co.'s Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Co. services include inspections, preventive maintenance offerings and other customized maintenance offerings tailored to meet customer needs.

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