#USA #Dividend Announcement #Farmington #Otis Worldwide #NYSE OTIS

Otis Worldwide Corporation Declares Quarterly Dividend

The Board of Directors of Otis Worldwide Corporation, a leader in the field of elevators and escalators, has made a noteworthy announcement regarding its financial commitment to shareholders. On January 29, 2026, the corporation declared a quarterly dividend of $0.42 per share for its common stock that will serve as a critical return on investment for shareholders. This dividend is scheduled to be paid out on March 13, 2026, with the eligibility for this dividend limited to those shareholders recorded as of the close of business on February 13, 2026.

This announcement underscores Otis's dedication to delivering value to its investors amid a landscape characterized by economic uncertainties. The commitment to maintain regular dividend payments reflects Otis's robust operational foundations and their ability to generate consistent cash flow, despite variances that may drive temporary swings in market conditions.

More About Otis Worldwide Corporation

Otis is not just a significant player in the manufacturing realm; it plays a vital role in transforming urban landscapes. Each day, Otis's solutions help in moving around 2.5 billion people, providing the necessary vertical transportation in some of the world’s most iconic buildings, ranging from skyscrapers to residential projects. The portfolio managed by Otis expands to approximately 2.5 million customer units globally, marking it as the largest service portfolio in the industry.

With its headquarters located in Farmington, Connecticut, Otis boasts a dedicated team of 72,000 employees, which includes approximately 45,000 field professionals. The team’s commitment not only lies in delivering exquisite manufacturing and installation services but also extends to the modern challenges faced in ensuring products meet the diverse needs of its customers across over 200 countries and territories.

Forward-Looking Statements

The announcement of the dividend also comes with a cautionary note about the inherent risks associated with anticipated financial projections. As stated in their announcements, past dividends do not guarantee future payouts. Factors such as economic conditions and fluctuations in various markets can drastically affect future dividends. Otis emphasizes the importance of cognizance surrounding these risks, which includes the conditions of the financial markets, economic conditions in the U.S. and globally, and potential disruptions caused by natural disasters or health crises.

Otis maintains a vigilant eye on these dynamics, ensuring that both the corporation and its investors remain aligned with their financial goals amid a backdrop of evolving market challenges. This recent decision to uphold dividends signals confidence in Otis’s operational prowess and resilience.

For more information on their operations, product offerings, or investor relations, visitors are encouraged to explore their official website at www.otis.com

Conclusion

With the announced dividend and Otis’s previous financial performance, investors can anticipate an ongoing partnership characterized by mutual growth and stability. As a front-runner in vertical mobility solutions, Otis Worldwide Corporation is poised to continue making substantial impacts in industries reliant on effective and efficient transportation solutions in our ever-evolving urban environments.