Otis Declares Quarterly Dividend of $0.44 per Share

Rhea-AI Summary

Otis (NYSE: OTIS) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its common stock. The dividend is payable on September 11, 2026, to shareholders of record as of the close of business on August 14, 2026.

Positive

• Quarterly dividend declared at $0.44 per share on common stock
• Dividend payable September 11, 2026 to shareholders of record August 14, 2026

Negative

• None.

News Market Reaction – OTIS

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In the Jul 24 session, OTIS gained 1.64%, reflecting a mild positive market reaction.

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FARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock. The dividend will be payable on September 11, 2026, to shareholders of record at the close of business on August 14, 2026.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @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, future availability of credit and factors that may affect such availability or costs (including tighter credit conditions), levels of end market demand in construction, pandemic health issues, 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, political conditions and geopolitical conflicts in countries in which we operate 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	Imelda Suit
+1-860-674-3047	+1-860-676-6011
kathleen.padgett@otis.com	investorrelations@otis.com

View original content:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html

SOURCE Otis Worldwide Corporation

FAQ

What dividend did Otis (NYSE: OTIS) declare on July 23, 2026?

Otis declared a quarterly dividend of $0.44 per share on its common stock. According to Otis, this cash dividend will be paid on September 11, 2026, to shareholders recorded at the close of business on August 14, 2026.

When is the record date for the Otis (OTIS) $0.44 quarterly dividend in 2026?

The record date for the Otis $0.44 quarterly dividend is August 14, 2026. According to Otis, shareholders listed as of the close of business that day will be eligible to receive the dividend payment on September 11, 2026.

When will Otis (NYSE: OTIS) pay its $0.44 quarterly dividend announced in July 2026?

Otis will pay the $0.44 per share quarterly dividend on September 11, 2026. According to Otis, only shareholders of record at the close of business on August 14, 2026, will receive this dividend on their common stock holdings.

Who qualifies to receive the Otis (OTIS) $0.44 dividend in September 2026?

Shareholders of Otis common stock on record as of August 14, 2026 qualify for the $0.44 dividend. According to Otis, investors must be shareholders of record at the close of business that day to receive payment on September 11, 2026.

How often does Otis (NYSE: OTIS) pay its $0.44 dividend per share?

Otis described this as a quarterly dividend of $0.44 per share. According to Otis, the Board of Directors declared the dividend payable on September 11, 2026, following its typical quarterly schedule, to shareholders of record on August 14, 2026.