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22.12.2025
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Otis Delivers Vertical Mobility for Montreal's REM Light Metro Transit
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Customized elevator and escalator solutions designed to deliver safe and reliable access to this one-of-a-kind driverless transit systemMONTREAL, Dec. 22, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has completed a landmark installation at the Réseau Express Mé...
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05.12.2025
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Otis New Equipment Project Wins Industry Award
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Project at Incheon International Airport, South Korea, recognized by Elevator World FARMINGTON, Conn., Dec. 5, 2025 /PRNewswire/ -- Elevator World magazine has selected an Otis Worldwide Corporation (NYSE: OTIS) project as a winner in its annual Project of the Year awards – recognizing its deep expertise and experience serving airports and major i...
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03.12.2025
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Otis Wins Silver Award for Outstanding Safety Performance at SBS Transit Safe Business Partner Awards 2025
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A Silver Award is the highest achievement for SBS Transit partners, recognized for the first time.This is the third separate safety excellence award Otis Singapore has received this yearSINGAPORE, Dec. 3, 2025 /PRNewswire/ -- Otis has been honored with a Silver Award at the SBS Transit Safe Business Partner Awards 2025, recognizing strong safety p...
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20.10.2025
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19.11.2025
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Expanded Otis Gen3 Core™ Elevator Offers Larger Cabs, More Lifting Capacity for Growing 2-8 Story Building Segment in the U.S. and Canada
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Smart connectivity, energy-efficient technology, real-time performance monitoring, and customizable design options make the Gen3 Core elevator ideal for a wide range of low-rise buildings
FARMINGTON, Conn., Nov. 19, 2025 /PRNewswire/ -- With 80% of the buildings...
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30.10.2025
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Otis Declares Quarterly Dividend of $0.42 per Share
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FARMINGTON, Conn., Oct. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on December 5, 2025, to shareholders of record at the close of business on November 14, 2025....
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29.10.2025
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OTIS REPORTS THIRD QUARTER 2025 RESULTS
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Otis delivers 6% organic Service sales growth with strong Service operating profit margin expansion, and increases the midpoint of 2025 EPS outlook
Third quarter 2025
Net sales up 4% and organic sales up 2%...
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24.10.2025
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Otis Helps Cambodia's Techo International Airport Prepare for Future
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Otis solutions help establish new airport's role as a major transport hub
Phase 1 will accommodate 13 million passengers a year
PHNOM PENH, Cambodia, Oct. 24, 2025 /PRNewswire/ -- Otis elevators and escalators are helping move passengers safel...
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15.10.2025
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Otis Powers Vertical Mobility in My Home Group's Hyderabad Ultra Luxury Projects
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- Provides 169 cutting-edge elevator systems, supporting smarter & smoother living
- Continues long customer relationship in reshaping luxury residential landscape
HYDERABAD, India, Oct. 15, 2025 /PRNewswire/ -- Otis India, a subsidiary of Otis Worldwide Corporation (NYSE: OTIS...
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08.10.2025
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Otis Third Quarter 2025 Earnings Advisory
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FARMINGTON, Conn., Oct. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results an...
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30.09.2025
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Otis Launches Flexible Phased Elevator Modernisation Packages
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Customers can carefully choose the level, cost and pace of elevator modernisation and plan in phases
Otis solutions align with the latest European safety standards, and enhance reliability and efficiency with advanced technology
MADRID, Sept. 30, 2025 /PRNewswire...
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10.09.2025
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Otis Kicks off Latest Made to Move Communities™ STEM Education Challenge
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Students in 18 countries and territories will work alongside Otis mentors to design mobility solutions that support people and communities during natural disasters.
The Made to Move Communities program aims to build the next generation of talent, ensure workforce readiness, and sustain innovation across the elevator and escalator industry. It has...
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08.09.2025
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Otis Chosen by Mountain View for Egyptian Real Estate Projects
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Otis will provide advanced elevator solutions for three innovative communities.
CAIRO, Sept. 8, 2025 /PRNewswire/ -- Otis (NYSE: OTIS) the world's leading elevator and escalator manufacturing, installation and service company, will provide and install 265 Otis Gen2® Prime elevator systems for Mountain View Real Estate Development's residential co...
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08.09.2025
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Otis Recognized for Safety Across Singapore's Metro Network
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SINGAPORE, Sept. 8, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has received a 2025 SMRT Contractors' Safety Award for upholding the highest standards in health and safety and service management across Singapore's SMRT rail network.
Otis was the only elevator...
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29.08.2025
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Otis CEO to Speak at Morgan Stanley Conference
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FARMINGTON, Conn., Aug. 29, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 13th annual Laguna conference hosted by Morgan Stanley on Friday, September 12, 2025 at 10:00 a.m. PT (1:00 p.m. ET). The presentation will be broadcast live at www.otis.com.
Ab...
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27.08.2025
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Otis Chosen to Help Connect Singapore on Cross Island Line Phase 1 and Punggol Extension
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SINGAPORE, Aug. 27, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has been selected by the Land Transport Authority (LTA) to help create a seamless and user-friendly transport experience in Singapore Mass Rail Transport (MRT)'s new Cross Island Line by providing...
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20.08.2025
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Otis Chosen to Help Connect Singapore on Cross Island Line Phase 1 and Punggol Extension
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SINGAPORE, Aug. 20, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has been selected by the Land Transport Authority (LTA) to help create a seamless and user-friendly transport experience on the Singapore Mass Rail Transport (MRT)'s new Cross Island Line....
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04.08.2025
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Otis and Sobha Realty Continue to Elevate Luxury Living in Dubai
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DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will provide and install 76 elevators at the Riverside Crescent project by Sobha Realty - a leading global luxury real estate developer....
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24.07.2025
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Otis Declares Quarterly Dividend of $0.42 per Share
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FARMINGTON, Conn., July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on September 5, 2025, to shareholders of record at the close of business on August 15, 2025.
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23.07.2025
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OTIS REPORTS SECOND QUARTER 2025 RESULTS
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Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook
Second quarter 2025
• Service net sales up 6% with organic sales up 4%... Service operating profit margin up 20 bps • GAAP EPS down 3% and adjusted EPS down 1% • Maintenance portfolio units up 4% ...
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16.07.2025
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Otis Enhances Luxury Living with Sustainable and Innovative Mobility Solutions
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Smart connected solutions with energy saving regenerative drive technologyKUALA LUMPUR, Malaysia, July 16, 2025 /PRNewswire/ -- Otis (NYSE: OTIS) will provide innovative technology and connected vertical mobility solutions for Arte Star, a luxury residential building located near iconic landmarks such as the Kuala Lumpur Tower and Merdeka 118....
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09.07.2025
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Otis Second Quarter 2025 Earnings Advisory
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FARMINGTON, Conn., July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's second quarter results and 2025 outlook.
We encourage you to...
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08.07.2025
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Tatweer Misr Chooses Otis to Bring Smart Vertical Mobility Solutions to Its Urban Communities
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CAIRO, July 8, 2025 /PRNewswire/ -- To enhance the quality of life for its residents, Tatweer Misr, one of Egypt's leading real estate developers, has selected Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, to supply and install smart vertical mobility solutions across its urban comm...
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30.06.2025
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Otis Provides The Kross in Ho Chi Minh City With Smart Mobility Systems
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For exceptional passenger experience, proven innovation and seamless building system integration
HO CHI MINH CITY, Vietnam, June 30, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will install advanced technology and connected vertical mobility solutions for The...
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16.06.2025
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Otis to Power Mobility in The Westin Residences, Tallest Residential Tower in Penang, Malaysia
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KUALA LUMPUR, Malaysia, June 16, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will install cutting edge technologies and smart, connected solutions that power vertical mobility for the Westin Residence and Hotel by Macrovest Sdn. Bhd. (VST Group), a leading...
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23.05.2025
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Space Needle Opens First Otis Double-Deck, Panoramic Glass Elevator
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Elevator is first of three on site to be modernized with new Otis elevators
SEATTLE, May 23, 2025 /PRNewswire/ -- A new, double-deck glass elevator from Otis opened for its first rides to passengers Friday as part of a new experience at the iconic Space Needle. Visitors to the tower can now soar above Seattle in a floor-to-ceiling glass, double-d...
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19.05.2025
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Otis Australia to Modernize and Transform Elevators in LAHC New South Wales Housing
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SYDNEY, May 19, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will modernize 20 elevators for New South Wales Land and Housing Corporation (LAHC), a government agency which owns and maintains a portfolio of 125,000 social housing properties across the state.
S...
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07.05.2025
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Otis Announces Global Winner in its Made to Move Communities™ Challenge
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Team from Pembroke Pines Charter High School in Florida proposes smartphone app that uses Artificial Intelligence to aid visually impaired people; wins grants to support STEM programming at school
FARMINGTON, Conn., May 7, 2025 /PRNewswire/ -- Students from Pembroke Pines Charter High School in Pembroke Pines, Florida are the first-ever global w...
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23.04.2025
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OTIS REPORTS FIRST QUARTER 2025 RESULTS
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Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion
Service net sales up 1% with organic sales up 4%GAAP operating profit margin down 350 bps, adjusted operating profit margin up 40 bpsGAAP EPS down 29% and adjusted EPS up 5%Maintenance portfolio units up 4%Modernization orders up 12%,...
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22.04.2025
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Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share
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FARMINGTON, Conn., April 22, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock, representing an 8% increase. The dividend will be payable on June 6, 2025, to shareholders of record at the close of business on May 16, 2025.
"We are pleas...
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10.04.2025
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Kuen Cheng High School Earns 2nd Place in Otis' Asia Pacific Regional Made to Move Communities™ Challenge
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School awarded US$15,000 grant to advance STEM programming
KUALA LUMPUR, Malaysia, April 10, 2025 /PRNewswire/ -- A team of students from Kuen Cheng High School has been named runner-up in the Otis Asia Pacific region Made to Move Communities student challenge, a competition in which students apply principles of STEM (Science, Technology, Enginee...
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09.04.2025
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Otis First Quarter 2025 Earnings Advisory
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FARMINGTON, Conn., April 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 23, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's first quarter results and 2025 outlook.
We encourage you t...
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02.04.2025
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Otis Selected As Elevator and Escalator Supplier for Kaohsiung MRT Red Line Extension
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TAIPEI, April 2, 2025 /PRNewswire/ -- Otis Taiwan will supply 65 elevators and escalators for the extension of the Kaohsiung MRT Red Line RLC01, expanding its presence in the city's transportation network. Otis Taiwan is part of Otis Worldwide Corporation (NYSE: OTIS), the world leader in the manufacture, installation and maintenance of elevators...
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30.01.2025
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Otis Declares Quarterly Dividend of $0.39 per Share
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FARMINGTON, Conn., Jan. 30, 2025 /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 March 7, 2025, to shareholders of record at the close of business on February 14, 2025.
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29.01.2025
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OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
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Otis delivers solid fourth quarter and full year results; announces 2025 outlook with sustained earnings growth driven by continued Service momentum
Fourth quarter 2024
Net sales up 1.5% and organic sales up 1.9%, driven by Service sales up 7.6% and Service organic sales up 7.8%GAAP EPS up 6.3% and adjusted EPS up 6.9% with continued margin expan...
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16.01.2025
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Otis Authorizes $2 Billion for Share Repurchase
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FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) today announced that its Board of Directors has authorized the repurchase of $2 Billion of Common Stock under a share repurchase program, effective January 16, 2025. In conjunction with the new authorization, the Board of Directors cancelled the remaining app...
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08.01.2025
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Otis Fourth Quarter 2024 Earnings Advisory
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FARMINGTON, Conn., Jan. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, January 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's full year and fourth quarter results and 2025 outlook.
We...
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04.12.2024
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Otis to Equip 68-storey Dawn KLCC with Elevators in Kuala Lumpur, Malaysia
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KUALA LUMPUR, Malaysia, Dec. 4, 2024 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will install seven Otis SkyRise® and three Otis Arise™ elevators for the Chin Hin Group Property Dawn KLCC mixed-used building.
Rising to an impressive 68 storeys, Dawn KLCC stands in...
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13.11.2024
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Students to Develop Urban Mobility Solutions Using AI
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In Otis' Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions.A student team from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School is representing Hong Kong in this competitionHONG KONG, Nov. 13, 2024 /PRNew...
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01.11.2024
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Otis Appoints Nicolas Lopez as Managing Director of Southeast Asia
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SINGAPORE, Nov. 1, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, and service company, announced today the appointment of Nicolas Lopez as Managing Director of Southeast Asia, overseeing operations across Singapore, Malaysia, Indonesia, Thailand, Vietnam and th...
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31.10.2024
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Otis Declares Quarterly Dividend of $0.39 per Share
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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.
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30.10.2024
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OTIS REPORTS THIRD QUARTER 2024 RESULTS
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Otis delivers continued strong Service performance with high single digit Service sales growth
GAAP EPS up 47.3% and adjusted EPS up 1.1%Service net sales up 7.2% and Service organic sales up 7.7%Maintenance portfolio units increased 4.2%Mod orders up 3%, backlog up 14%, up 12% at constant currencyGAAP cash flow from operations of $394 million; a...
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09.10.2024
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Otis Third Quarter 2024 Earnings Advisory
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FARMINGTON, Conn., Oct. 9, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 30, 2024, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's third quarter results and 2024 outlook.
We encourage you...
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01.10.2024
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Otis Australia Wins Modernization Project at 101 Collins Street
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Otis installed the building's original elevators in 1989 and has maintained them for 35 yearsMELBOURNE, Australia, Oct. 1, 2024 /PRNewswire/ -- Otis Australia has been selected by 101 Collins Street for an elevator modernization project at this iconic landmark in Melbourne's central business district. Otis Australia is part of Otis Worldwide Corp...
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10.09.2024
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Students to Develop Urban Mobility Solutions Using AI
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In Otis' Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions.
FARMINGTON, Conn., Sept. 10, 2024 /PRNewswire/ -- Artificial Intelligence is revolutionizing the speed, accuracy and scale at which complex challenges are addressed. Over the next several...
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10.09.2024
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Otis Taiwan Completes the Acquisition of Jardine Schindler Lifts Limited in Taiwan
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TAIPEI, Sept. 10, 2024 /PRNewswire/ -- Otis Elevator Company (Taiwan) Limited ("Otis Taiwan") has completed the acquisition of Jardine Schindler Lifts Limited in Taiwan from the Jardine Schindler Group. Otis Taiwan is a subsidiary of Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, in...
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03.09.2024
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Otis CEO to Speak at Morgan Stanley Conference
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FARMINGTON, Conn., Sept. 3, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 12th annual Laguna conference hosted by Morgan Stanley on Thursday, September 12, 2024 at 2:35 p.m. PT (5:35 p.m. ET). The presentation will be broadcast live at www.otis.com.
A...
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16.08.2024
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Otis Thailand Launches Gen3™ Digitally-Connected Elevator
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Combines the proven technology of Otis' best-selling Gen2® elevator with Otis ONE™ IoT digital platform Provides exceptional passenger experience with Ambiance aesthetics, Pure™ fixtures, eView™ infotainment, and air purification technology BANGKOK, Aug. 16, 2024 /PRNewswire/ -- Otis has unveiled its Gen3™ connected elevator platform at its recen...
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25.07.2024
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Otis Declares Quarterly Dividend of $0.39 per Share
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FARMINGTON, Conn., July 25, 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 September 6, 2024, to shareholders of record at the close of business on August 16, 2024.
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24.07.2024
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OTIS REPORTS SECOND QUARTER 2024 RESULTS
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Otis delivers continued strong Service performance leading to mid-teens EPS growth
GAAP EPS up 13.3% and adjusted EPS up 15.2% with continued margin expansionService net sales up 3.0% and Service organic sales up 5.1%Mod orders up 14%, backlog up 15%, up 17% at constant currencyMaintenance portfolio units increased 4.2%GAAP cash flow from operati...
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19.07.2024
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Otis Appoints Cristina Méndez Executive Vice President & Chief Financial Officer
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She succeeds Anurag Maheshwari to lead financial activities at Otis
FARMINGTON, Conn., July 19, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 23,...
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19.07.2024
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Otis Indonesia Begins Replacement and Modernization Project at Jakarta's Millennium Mall
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JAKARTA, Indonesia, July 19, 2024 /PRNewswire/ -- The Millennium Mall, located in the heart of the city, has selected Otis Indonesia for an elevator and escalator replacement and modernization project. Otis Indonesia is part of Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, and ser...
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10.07.2024
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Otis Second Quarter 2024 Earnings Advisory
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FARMINGTON, Conn., July 10, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 24, 2024, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Anurag Maheshwari will discuss the company's second quarter results and 2024 outlook.
We encourage you...
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10.07.2024
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Otis Australia Wins Sydney Metro - Western Airport Project
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SYDNEY, July 10, 2024 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will install 40 520NPE public escalators and 21 Gen3TM and Gen2® elevators for the Sydney Metro – Western Sydney Airport project....
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08.07.2024
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Otis to Equip and Service 40-storey LUMIÈRE Evergreen Apartments in Hanoi, Vietnam
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HANOI, Vietnam, July 8, 2024 /PRNewswire/ -- LUMIÈRE Evergreen, a prestigious residential project developed by Masterise Homes, has selected Otis Vietnam for new elevator equipment and servicing. Otis (NYSE: OTIS), is the world's leading elevator and escalator manufacturing, installation and service company....
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12.06.2024
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Otis Publishes 2023 ESG Report
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Reinforces commitment to ESG in support of its business strategy
FARMINGTON, Conn., June 12, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals.
The Otis ESG strategy focuses on the key areas of H...
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08.05.2024
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Students Innovate to Improve Access to Urban Green Space
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Schools earn grants as part of Made to Move Communities™ Global Student Challenge, sponsored by OtisStudents from Mentari Intercultural School (MIS) Grand Surya designed a green space app and autonomous transport systemsJAKARTA, Indonesia, May 8, 2024 /PRNewswire/ -- In the fourth annual competition of Otis' Made to Move Communities challenge, st...
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07.05.2024
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Students Innovate to Improve Access to Urban Green Space
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Schools earn grants as part of Made to Move Communities™ Global Student Challenge, sponsored by Otis
FARMINGTON, Conn., May 7, 2024 /PRNewswire/ -- Four student teams from around the world are regional winners in Otis' Made to Move Communities student challenge. In the fourth annual competition, students developed innovative mobility solutions ai...
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30.04.2024
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Otis Wins Maintenance Portfolio with SMRT Trains, Singapore's Pioneer Rail Operator
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SINGAPORE, April 30, 2024 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading manufacturer of elevators, escalators, and moving walkways, has been selected by SMRT Trains to service 446 escalators and 52 elevators on the North-South and East-West Lines (NSEWL) for five years.
Starting from this year, Otis will examine, inspect and test the esc...
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24.04.2024
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OTIS REPORTS FIRST QUARTER 2024 RESULTS
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Otis continues to deliver mid-single digit organic Service growth and strong margin expansion
1Q Net sales up 2.7% and organic sales up 3.8% driven by Service net sales up 5.8% with organic sales up 6.5%1Q GAAP EPS up 8.9% and adjusted EPS up 10.0% with GAAP operating profit margin expansion of 50 basis points and adjusted operating profit margin...
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23.04.2024
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Otis Announces 14.7 Percent Increase in Quarterly Dividend to $0.39 per Share
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FARMINGTON, Conn., April 23, 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, representing a 14.7% increase. The dividend will be payable on June 7, 2024, to shareholders of record at the close of business on May 17, 2024.
"We are ple...
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