Retirement news, reports, video and more. A cash dividend payment of $0.2 per … To see all exchange delays and terms of use, please see disclaimer. 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. Compare OTIS to Popular Industrials Sector Dividend Funds, Compare OTIS to Popular Industrials Sector Dividend ETFs. Municipal bonds news, reports, video and more. Learn from industry thought leaders and expert market participants. "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. Overall, shareholders in United Technologies experienced a dividend cut, but mostly due to the dividend policy in its spun-off subsidiaries. On April 3, 2020, United Technologies Corp, renamed as Raytheon Technologies (NYSE: RTX, $49.93, Market Capitalization: $75.7 billion) completed the tax-free spin-off of Otis … Otis is the world's leading elevator and escalator manufacturing, installation and service company. Find the latest dividend history for Otis Worldwide Corporation Common Stock (OTIS) at Nasdaq.com. "The dividend announced today reflects our confidence in Otis… Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. Dividend Yield is the relation between a stock’s Annualized Dividend and its current stock price. This release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws. Initial plans were for RTX to pay a $0.475 quarterly dividend, OTIS to pay a $0.2 quarterly dividend, and CARR to pay a $0.16 quarterly dividend. 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. 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. OTIS's most recent quarterly dividend payment was made to shareholders of record on Thursday, December 10. For more information, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo. More News & Events. That said, a div growth rate of near 7% during a pandemic is a … JAY — OTIS Federal Credit Union is pleased to announce that it posted a 6% Bonus Dividend and Interest Refund on Jan. 1, 2021, resulting in a total of $347,795.58 paid out to members for the year 2020.Over the past sixteen years, OTIS FCU has returned over $5,491,449 to both its savers and borrowers via this annual practice. Dividend Cover: 3.77 : 1: 52-Week Projected Yield: 0.91%: 52-Week Trailing Yield: 1.03%: 6-Year Average Yield: 1.03%: 6-Year Dividend Change-6-Year Yearly Dividend Change-Number of Dividend Payments (2020-05-21 - 2020-11-19) 3 Engineering Construction Services. Otis will pay ~40% of its earnings out as a dividend. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Last Ex-Dividend Date: Nov. 19, 2020 Description : Otis is the largest global elevator and escalator supplier by revenue. 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, the impact of weather conditions, pandemic health issues (including coronavirus and its effects, among other things, on global supply, demand, and distribution disruptions as the coronavirus outbreak continues and results in an increasingly prolonged period of travel, commercial and/or other similar restrictions and limitations) and the financial condition of Otis' customers and suppliers; (2) the expected benefits of Otis' separation from United Technologies Corporation; (3) risks associated with indebtedness incurred as a result of financing transactions undertaken in connection with the separation; (4) the risk that dis-synergy costs, costs of restructuring transactions and other costs incurred in connection with the separation will exceed Otis' estimates; (5) the impact of the separation on Otis' businesses and Otis' resources, systems, procedures and controls, diversion of management's attention and the impact on relationships with customers, suppliers, employees and other business counterparties; (6) challenges in the development and production of new products and services;  and (7) the effect of changes in laws and regulations and political conditions in countries in which we operate and other factors beyond our control. May 6, 2020 SEOUL, SOUTH KOREA; Otis Korea Unveils New Aesthetics for Low-to-Medium Speed Elevator, Gen2® Life - ‘Nova Plus Design’ ... January 9, 2020 Otis Awarded Elevator World’s Project … You take care of your investments. The dividend will be payable on December 10, 2020, to shareholders of record at the close of business on November 20, 2020. OTIS ex-Dividend for $0.20 on 11/19/2020. The dividend will be payable on June 10, 2020, to shareholders of record at the close of business on May 22, 2020.Â. Dividend Aristocrats In Focus Part 66: Otis Worldwide Published on April 16th, 2020 by Eli Inkrot The Dividend Aristocrats are an exclusive group of companies that have not only paid but also increased their dividend for at least 25 consecutive years. Buy the Stock One Day Before the Ex-Dividend Date. The historical dividend information is provided by Mergent, a third party service, and Intrado Digital Media, LLC does not maintain or provide information directly to this service. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see Otis' registration statements on Form 10 and Form S-3 and the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. 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. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright © 2014. Announce Date: 09/18/2020; Record Date: 11/20/2020; Pay Date: 12/10/2020; Oct. 26. Dividend Capture Avg Days for Stock Price Recovery, › Real Estate Investment Trust (REITs), Lazard Global Listed Infrastructure Portfolio, Invesco Rochester® Municipal Opportunities Fund, Johnson & Johnson and Chevron Go Ex-dividend This Week. Upgrade to Premium to access your Watchlist and more. The dividend growth rate had been in the area of 11% annual heading into 2020. Otis Worldwide Corporation manufactures, installs, and services elevators and escalators worldwide. 3 Stocks This Billionaire Hedge Fund Has Been Buying An aerospace company, an elevator company, and a motion and control technology company have all been bought by hedge funds in 2020. Carrier Global and Otis Worldwide are being added to the S&P 500 Dividend Aristocrats club after getting spun out of the merger that married United Technologies and Raytheon. Make short-term dividend income. If the last five payouts show limited variability, we estimate future payouts equal to the most recent one. Another company, United Technologies (UTX), had two spin-offs in 2020 - Carrier (CARR) and Otis (OTIS). OTIS Dividend History. Carrier declared its first dividend on June 11th, 2020. Ex-Dividend Date Type Payout Amount Change; Loading, please wait... OTIS Dividends vs. Peers. The major determining factor in this rating is whether the stock is trading close to its 52-week-high. The dividend will be payable on June 10, 2020, to shareholders of record at the close of business on May 22, 2020. The dividend will be payable on December 10, 2020, to shareholders of record at the close of business on November 20, 2020. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. It divides the Forward Annualized Dividend by FY1. Become a Premium Member to “stick” up to 3 rows and access more exclusive benefits. The dividend will be payable on June 10, 2020, to shareholders of record at the close of business on May 22, 2020. Otis hasn’t declared its first dividend, but I expect the annual dividend to be $0.90 which corresponds to a 1.8% yield. Please help us personalize your experience. Hand picked by analysts based on Dividend.com rating system. "We are proud to be able to post a 6% Dividend Bonus and … Monthly payments from Monthly Payers ››, Monthly payments from Quarterly Payers ››. Estimates are not provided for securities with less than 5 consecutive payouts. OTIS Dividend Yield 1.31% OTIS Annual Dividend $0.80 . Dividend.com: The #1 Source For Dividend Investing. January 29, 2020 OTIS Federal Credit Union Returns $520,678.73 to Members with Bonus Dividend and Interest Refund JAY, Maine— OTIS Federal Credit Union is pleased to announce that it posted an 9% Bonus Dividend and Interest Refund on January 1, 2020, resulting in a total of $520,678.73 paid out to members for the year 2019. We move 2 billion people a day and maintain more than 2 million customer units worldwide, the industry's largest maintenance portfolio. If the last five payouts show variability and are not all growing, we estimate future payouts by applying the lowest growth rate (negative growth rates included) to the most recent payment. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. FARMINGTON, Conn., May 6, 2020 – Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis’ common stock. Industry: 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. Stay up to date with timely dividend news. Getty Images. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. In depth view into Otis Worldwide Dividend Yield including historical data from 2020, charts, stats and industry comps. 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