Otis Worldwide (OTIS) Raises Quarterly Dividend 20.8% to $0.29; 1.6% Yield

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Go back to Otis Worldwide (OTIS) Raises Quarterly Dividend 20.8% to $0.29; 1.6% Yield

Otis Announces a 20.8 Percent Increase in Quarterly Dividend to $0.29 per Share

April 22, 2022 4:06 PM EDT

FARMINGTON, Conn., April 22, 2022 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.29 per share of Otis' common stock, which represents a 20.8% increase. The dividend will be payable on June 10, 2022, to shareholders of record at the close of business on May 20, 2022.

"Today's dividend increase... More