Otis is the world's leading elevator and escalator manufacturing, installation and service company. OTIS's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Otis recalls some elevators due to injuries such as 'crushed spine and abdomen' SA News Thu, Dec. 17, 2020 8 Comments Otis Worldwide Corporation SEC Filing - Quarterly Report (10-Q) October 28, 2020 "This is a historic day for Otis as we move forward as a strong stand-alone company. About Otis. Otis products; Read about Otis products; Find the product that's right for you; Use our product finder tool to compare and select the product that's right for your project. The dividend cuts were from Amcor (AMCR) and Raytheon Technologies (RTX). Otis Elevator Company (India) has not declared any dividend for the last several years. Raytheon Technologies was formed when dividend aristocrat United Technologies (UTX) merged with Raytheon (RTN), and then spun off Otis Elevator (OTIS) and Carrier Global (CARR). The dividend will be payable on December 10, 2020, to shareholders of record at the close of business on November 20, 2020. Otis to more effectively pursue its own strategic goals and capture opportunities in its industry. Otis will pay ~40% of its earnings out as a dividend. Buy and Sell OTIS Elevator India Limited Unlisted Shares at Best Prices at UnlistedZone.com. Get the latest Otis Worldwide Corporation OTIS detailed stock quotes, … Otis recalls some elevators due to injuries such as 'crushed spine and abdomen' Otis Worldwide ([[OTIS]] +0.9%) announces a recall of ~5K private residence elevators, following at least four incidents that resulted in "a crushed spine and abdomen, fractured hip, broken arm and feet and bruising to the face and chest. The ratio of annual dividend to current share price that estimates the dividend return of a stock. Stock analysis for Otis Worldwide Corp (OTIS:New York) ... New Elevator and Escalator Market Research Report- COVID-19 Analysis Based on Elevators and Escalators Products ... Dividend 1.18%. Urbanization in developing countries is bullish if they can compete on price and quality. “The dividend announced today reflects our confidence in Otis’ balance sheet strength, continued strong free cash flow generation and a commitment to drive value for our shareholders,” said Judy Marks, President and CEO. Otis Valuation and Fair Value. As per the Profit & Loss account. FARMINGTON, Conn., September 18, 2020 -Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared, effective October 5, 2020, a quarterly dividend of $0.20 per share of Otis' common stock. Share Price of OTIS Elevator India Limited Today. High Dividend: OTIS's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (4.05%). Otis Worldwide Corp. raised its 2020 profit outlook as 3Q adjusted earnings per share jumped 25.5% to $0.69 year-over-year, surpassing analysts’ expectations of $0.56. Read press releases, see where Otis is featured, and download media assets The dividend will be payable on June 10, 2020, to shareholders of record at the close of business on May 22, 2020. Otis (ticker: OTIS) has had a strong debut since being spun out of United Technologies in early April, as investors gravitate to the only pure-play elevator company in the U.S. stock market. In 1854 Otis’ founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. Otis Elevator boasts 68,500 employees and two million elevators in service around the world. Otis is the leading provider of elevator technologies. Find out all the key statistics for Otis Worldwide Corporation (OTIS), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. The company has paid an interim dividend of 1750%, being INR 175 per equity share of INR 10 each fully paid up in March 2019 for the financial year 2018-19. 1.22%. Rediff MoneyWiz, the personal finance service from Rediff.com equips the user with tools and information in the form of graphs, charts, expert advice, and more to stay up-to-date and make informed decisions. FARMINGTON, Conn., May 6, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. As an independent company, Otis will be better positioned to allocate resources and deploy capital consistent with its growth priorities. Otis will continue to grow and expand as long as they continue to improve customer value. About Otis. Dividend.com: The #1 Source For Dividend Investing. About Otis view the dividends declared by various companies, announcement dates, effective dates, interim dividends, final dividends, dividend percentage. FARMINGTON, Conn., Sept. 18, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared, effective October 5, 2020, a quarterly dividend of $0.20 per share of Otis' common stock.The dividend will be payable on December 10, 2020, to shareholders of record at the close of business on November 20, 2020. Otis is the world's leading elevator and escalator manufacturing, installation and service company. The company’s products move 2 billion people per day and maintain more than 2 million customer units worldwide. The board of directors of United Technologies Corp. has approved a plan announced last June spinning off Otis elevator and Carrier heating and … Dividend Summary. FARMINGTON, Conn., May 6, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. “The dividend announced today reflects our confidence in Otis’ balance sheet strength, continued strong free cash flow generation and a commitment to drive value for our shareholders,” said Judy Marks, President and CEO. Otis is the world's leading company for elevator and escalator manufacturing, installation and service. Raytheon Technologies was formed when dividend aristocrat United Technologies (UTX) merged with Raytheon (RTN), and then spun off Otis Elevator (OTIS) and Carrier Global (CARR). For U.S. federal income tax purposes, the Otis spin-off is intended to be generally tax-free to UTC shareowners. This amount does not seem in line with the cost basis allocation. View Otis Worldwide Corporation OTIS investment & stock information. ... Today Otis is the leading company for elevator and escalator manufacturing, installation and service. Otis hasn’t declared its first dividend, but I expect the annual dividend to be $0.90 which corresponds to … Otis now trades at $49.70 per share implying a market cap of $21.5BN and enterprise value of $26.0BN. Otis Elevator Company Pty Ltd (Otis Australia) - a unit of United Technologies Corp. UTX -- was recently awarded a contract to install 22 elevators. Dividend Aristocrats In Focus Part 66: Otis Worldwide. Stability and Growth of Payments Stable Dividend : Too early to tell whether OTIS's dividend payments have been stable as they only just started paying a dividend. FARMINGTON, Conn., July 27, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. To maintain dividend income, Otis should have declared a dividend … Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. About Otis Otis's Q3 results showed the resilience of elevator businesses, with sales down only 1.2% year-on-year (they were down only 6.5% in Q2). Otis newsroom is the source for news about Otis. That's because we received half a share of Otis for every United Technologies share we owned. Otis Elevator (OTIS) declared a quarterly dividend of 20 cents/share. The dividend will be payable on September 10, 2020, to shareholders of record at the close of business on August 21, 2020. Last Ex-Dividend Date: Nov. 19, 2020 Description : Otis is the largest global elevator and escalator supplier by revenue. 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