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Otis Declares Quarterly Dividend of $0.39 per Share

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Otis Worldwide (NYSE: OTIS) has declared a quarterly dividend of $0.39 per share of common stock. The dividend will be paid on December 6, 2024, to shareholders of record as of November 15, 2024. Otis, as the world's leading elevator and escalator company, serves approximately 2.3 billion people daily and maintains 2.3 million customer units globally. The company employs 71,000 people, including 42,000 field professionals, operating in over 200 countries and territories.

Otis Worldwide (NYSE: OTIS) ha dichiarato un dividendo trimestrale di $0,39 per azione di azioni ordinarie. Il dividendo sarà pagato il 6 dicembre 2024, agli azionisti registrati al 15 novembre 2024. Otis, come azienda leader mondiale nel settore degli ascensori e delle scale mobili, serve circa 2,3 miliardi di persone al giorno e mantiene 2,3 milioni di unità clienti a livello globale. L'azienda impiega 71.000 persone, tra cui 42.000 professionisti sul campo, operando in oltre 200 paesi e territori.

Otis Worldwide (NYSE: OTIS) ha declarado un dividendo trimestral de $0.39 por acción de acciones comunes. El dividendo se pagará el 6 de diciembre de 2024, a los accionistas registrados a partir del 15 de noviembre de 2024. Otis, como la empresa líder mundial en ascensores y escaleras mecánicas, atiende a aproximadamente 2.3 mil millones de personas diariamente y mantiene 2.3 millones de unidades de clientes a nivel mundial. La compañía emplea a 71,000 personas, incluyendo 42,000 profesionales de campo, operando en más de 200 países y territorios.

오티스 월드와이드 (NYSE: OTIS)는 주당 $0.39의 분기 배당금을 선언했습니다. 배당금은 2024년 12월 6일에 지급되며, 2024년 11월 15일 기준의 주주에게 지급됩니다. 오티스는 세계 최고의 엘리베이터 및 에스컬레이터 회사로, 매일 약 23억 명의 사람들에게 서비스를 제공하며, 전 세계적으로 230만 개의 고객 유닛을 유지하고 있습니다. 회사는 71,000명을 고용하고 있으며, 그중 42,000명이 현장 전문가로서 200개국 이상에서 운영되고 있습니다.

Otis Worldwide (NYSE: OTIS) a déclaré un dividende trimestriel de 0,39 $ par action d'actions ordinaires. Le dividende sera payé le 6 décembre 2024 aux actionnaires inscrits au 15 novembre 2024. Otis, en tant que leader mondial des ascenseurs et des escaliers mécaniques, dessert environ 2,3 milliards de personnes chaque jour et maintient 2,3 millions d'unités clientes dans le monde entier. L'entreprise emploie 71 000 personnes, dont 42 000 professionnels de terrain, et opère dans plus de 200 pays et territoires.

Otis Worldwide (NYSE: OTIS) hat eine vierteljährliche Dividende von $0,39 pro Aktie für Stammaktien erklärt. Die Dividende wird am 6. Dezember 2024 an die Aktionäre ausgezahlt, die am 15. November 2024 im Aktienregister stehen. Otis, als weltweit führendes Unternehmen für Aufzüge und Fahrtreppen, bedient täglich etwa 2,3 Milliarden Menschen und betreut global 2,3 Millionen Kundenanlagen. Das Unternehmen beschäftigt 71.000 Mitarbeiter, darunter 42.000 Fachkräfte im Außendienst, und ist in über 200 Ländern und Regionen tätig.

Positive
  • Consistent dividend payment demonstrates financial stability
  • Market leadership position with 2.3 million customer units under service
  • Large global presence across 200+ countries and territories
  • Strong service portfolio - industry's largest
Negative
  • None.

FARMINGTON, Conn., Oct. 31, 2024 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on December 6, 2024, to shareholders of record at the close of business on November 15, 2024.

About Otis

Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, and Facebook @OtisElevatorCo.

Cautionary Statement

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 availability of credit and factors that may affect such availability or costs (including tighter credit conditions), levels of end market demand in construction, pandemic health issues, natural disasters and the financial condition of Otis' customers and suppliers; (2) risks associated with indebtedness; (3) challenges in the development and production of new products and services; and (4) the effect of changes in laws and regulations, political conditions and geopolitical conflicts in countries in which we operate and other factors beyond our control. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Media Contact                                                                           

Investor Relations Contact

Katy Padgett                                                                                

Michael Rednor

+1-860-674-3047                                                    

+1-860-676-6011

kathleen.padgett@otis.com                                  

investorrelations@otis.com

 

Cision View original content:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-39-per-share-302293362.html

SOURCE Otis Worldwide Corporation

FAQ

What is Otis's quarterly dividend amount for Q4 2024?

Otis (NYSE: OTIS) declared a quarterly dividend of $0.39 per share for Q4 2024.

When is Otis's Q4 2024 dividend payment date?

Otis will pay the dividend on December 6, 2024, to shareholders of record as of November 15, 2024.

How many customer units does Otis maintain worldwide?

Otis maintains approximately 2.3 million customer units worldwide, representing the industry's largest service portfolio.

How many people does Otis serve daily with its elevators and escalators?

Otis moves approximately 2.3 billion people per day with its elevator and escalator services.

Otis Worldwide Corporation

NYSE:OTIS

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39.92B
400.56M
0.14%
91.56%
2.1%
Specialty Industrial Machinery
Electronic & Other Electrical Equipment (no Computer Equip)
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United States of America
FARMINGTON