US EditionOtis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share
- Otis' Board of Directors declared a quarterly dividend today.
- This marks the company's fifth consecutive year announcing a dividend increase.
- The company stated this increase reflects their disciplined capital allocation strategy.
- The new dividend totals $0.42 per share, representing an 8% rise.
- Shareholders of record on May 16, 2025 will receive payment June 6, 2025.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
All
Left
2
Center
5
Right
2
Chatham Star Tribune+12 Reposted by 12 other sources
Otis Announces 8 Percent Increase in Quarterly Dividend to $0.42 per Share
FARMINGTON, Conn., April 22, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock, representing an 8% increase. The dividend will be payable on June…
Coverage Details
Total News Sources13
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
