Otis Worldwide Corp (OTIS) has declared a quarterly dividend of $0.42 per share, payable to shareholders of record. The ex-dividend date is set for November 13, 2025, meaning investors must own shares before this date to qualify for the dividend. The payment date will be December 4, 2025.
The company's current dividend yield stands at 1.85%. Otis Worldwide Corp, which operates in the machinery industry, engages in the manufacture, installation, and servicing of elevators and escalators. The company has a market capitalization of $35.5 billion, a price-to-earnings ratio of 26.38, and reported earnings per share of 3.39.
This update provides insight into Otis's ongoing commitment to returning value to shareholders through regular dividend payments. The company has a history of consistent dividend distributions, reflecting its stable cash flow generation and capital allocation strategy.
Investors may consider reviewing Otis's dividend history and overall financial health when evaluating the sustainability of its dividend payments. Upcoming earnings are scheduled for July 20, 2026, with an estimated EPS of $1.08 and revenue of $3.8 billion.