The dividend will … Published on April 16th, 2020 by Eli Inkrot. 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. The dividend will be payable on September 10, 2020, to shareholders of record at the close of business on August 21, 2020. Otis Valuation and Fair Value. Otis Worldwide pays an annual dividend of $0.80 per share, with a dividend yield of 1.38%.
See what's happening in the market right now with MarketBeat's real-time news feed. 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. Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. Otis hasn’t declared its first dividend, but I expect the annual dividend to be $0.90 which corresponds to a 1.8% yield. High-Quality Dividend Stocks, Long-Term Plan The Sure Dividend Investing Method Member's Area Dividend Aristocrats In Focus Part 66: Otis Worldwide . 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. Learn about financial terms, types of investments, trading strategies and more.Looking for new stock ideas? The above list of factors is not exhaustive or necessarily in order of importance. OTIS | Complete Otis Worldwide Corp. stock news by MarketWatch. Otis Worldwide pays out 41.67% of its earnings out as a dividend. 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., 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… Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.Receive a free world-class investing education from MarketBeat. Find the latest Otis Worldwide Corporation (OTIS) stock quote, history, news and other vital information to help you with your stock trading and investing. The payment and amount of future dividends could vary significantly from past amounts due to a number of risks and uncertainties. View which stocks are hot on social media with MarketBeat's trending stocks report.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.Please log in to your account or sign up in order to add this asset to your watchlist.Identify stocks that meet your criteria using seven unique stock screeners. Past dividends provide no assurance as to future dividends. 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. Otis will pay ~40% of its earnings out as a dividend. View dividend data for Otis Worldwide Common (OTIS) including upcoming dividends, historical dividends, ex-dividend dates, payment dates, historical dividend yields, projected dividends and dividend changes (increases and decreases). Learn everything you need to know about successful options trading with this three-part video course.Get daily stock ideas top-performing Wall Street analysts.