Otis Worldwide (OTIS) Raises Quarterly Dividend 20% to $0.24; 1.4% Yield

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Go back to Otis Worldwide (OTIS) Raises Quarterly Dividend 20% to $0.24; 1.4% Yield

Otis Announces a 20 Percent Increase in Quarterly Dividend to $0.24 per Share

April 19, 2021 4:36 PM EDT

FARMINGTON, Conn., April 19, 2021 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.24 per share of Otis' common stock, which represents a 20 percent increase over the prior quarter's dividend amount. The dividend will be payable on June 10, 2021, to shareholders of record at the close of business on May 21, 2021. 

"This 20 percent dividend increase reflects confidence in our... More