Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

OTIS WORLDWIDE CORPORATION

(OTIS)
  Report
Delayed Nyse  -  04:00:02 2023-02-01 pm EST
84.56 USD   +2.83%
02/01Transcript : Otis Worldwide Corporation, Q4 2022 Earnings Call, Feb 01, 2023
CI
02/01Otis Worldwide's Q4 Adjusted Earnings Increase, Revenue Declines
MT
02/01North American Morning Briefing: Stock Futures -3-
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Otis Declares Quarterly Dividend of $0.29 per Share

10/27/2022 | 04:56pm EST

FARMINGTON, Conn., Oct. 27, 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. The dividend will be payable on December 10, 2022, to shareholders of record at the close of business on November 18, 2022.

About Otis

Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 68,000 people strong, including 41,000 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, Facebook and Twitter @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, levels of end market demand in construction, pandemic health issues (including COVID-19 and variants thereof and the ongoing economic recovery therefrom and their effects on, among other things, global supply, demand and distribution), 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 and political conditions in countries in which we operate, including the effect of the ongoing conflict between Russia and Ukraine, 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

investor.relations@otis.com

Cision
View original content:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-29-per-share-301661842.html

SOURCE Otis Worldwide Corporation


ę PRNewswire 2022
All news about OTIS WORLDWIDE CORPORATION
02/01Transcript : Otis Worldwide Corporation, Q4 2022 Earnings Call, Feb 01, 2023
CI
02/01Otis Worldwide's Q4 Adjusted Earnings Increase, Revenue Declines
MT
02/01North American Morning Briefing: Stock Futures -3-
DJ
02/01Earnings Flash (OTIS) OTIS WORLDWIDE CORPORATION Posts Q4 Revenue $3.44B
MT
02/01Earnings Flash (OTIS) OTIS WORLDWIDE CORPORATION Reports Q4 EPS $0.75
MT
02/01Otis Worldwide : Q4 Earnings Snapshot
AQ
02/01Otis Worldwide : REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS - Form 8-K
PU
02/01Otis reports fourth quarter and full year 2022 results
PR
02/01Otis Worldwide Corporation Reports Earnings Results for the Fourth Quarter Ended Decemb..
CI
02/01Otis Worldwide Corporation Provides Earnings Guidance for Full Year 2023
CI
More news
Analyst Recommendations on OTIS WORLDWIDE CORPORATION
More recommendations