{"success":true,"data":{"pressRelease":{"id":"97331","rtpr_id":"nPn2cWC3qa","ticker":"OTIS","exchange":"NYSE","all_tickers":["OTIS"],"title":"Otis Declares Quarterly Dividend of $0.44 per Share","author":"PR Newswire","published_at":"2026-07-23T20:15:01.616Z","article_body":"Otis Declares Quarterly Dividend of $0.44 per Share\n\nPR Newswire\n\nFARMINGTON, Conn., July 23, 2026\n\nFARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide\nCorporation\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=1640967827&u=http%3A%2F%2Fwww.otis.com%2F&a=Otis+Worldwide+Corporation)\n (NYSE: OTIS) Board of Directors today declared a quarterly dividend\nof $0.44 per share of Otis' common stock. The dividend will be payable on\nSeptember 11, 2026, to shareholders of record at the close of business on\nAugust 14, 2026.\n\nAbout Otis\n\nOtis gives people freedom to connect and thrive in a taller, faster, smarter\nworld. The global leader in the manufacture, installation, service and\nmodernization of elevators and escalators, we move 2.5 billion people a day\nand maintain approximately 2.5 million customer units worldwide – the\nindustry's largest Service portfolio. You'll find us in the world's most\niconic structures, as well as residential and commercial buildings,\ntransportation hubs and everywhere people are on the move. Headquartered in\nConnecticut, USA, Otis is 72,000 people strong, including 45,000 field\nprofessionals, all committed to manufacturing, installing and maintaining\nproducts to meet the diverse needs of our customers and passengers in more\nthan 200 countries and territories. To learn more, visit www.otis.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=1799628140&u=http%3A%2F%2Fwww.otis.com%2F&a=www.otis.com)\n and follow us on LinkedIn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=2633373961&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fotis_elevators&a=LinkedIn)\n, YouTube\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=4284238235&u=https%3A%2F%2Fwww.youtube.com%2F%40OtisElevatorCo&a=YouTube)\n, Instagram\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=54201944&u=http%3A%2F%2Fwww.instagram.com%2Fotiselevatorco&a=Instagram)\n and Facebook\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=3896158658&u=http%3A%2F%2Fwww.facebook.com%2Fotiselevatorco&a=Facebook)\n @OtisElevatorCo.\n\nCautionary Statement\n\nThis release includes statements related to anticipated earnings, cash flow\nand dividends that constitute \"forward-looking statements\" under the\nsecurities laws. All forward-looking statements involve risks, uncertainties\nand assumptions that may cause actual results to differ materially from those\nexpressed or implied in the forward-looking statements. Past dividends provide\nno assurance as to future dividends. The payment and amount of future\ndividends could vary significantly from past amounts due to a number of risks\nand uncertainties. Risks and uncertainties include: (1) the effect of economic\nconditions in the industries and markets in which Otis and its businesses\noperate in the U.S. and globally and any changes therein, including financial\nmarket conditions, fluctuations in commodity prices, interest rates and\nforeign currency exchange rates, future availability of credit and factors\nthat may affect such availability or costs (including tighter credit\nconditions), levels of end market demand in construction, pandemic health\nissues, natural disasters and the financial condition of Otis' customers and\nsuppliers; (2) risks associated with indebtedness; (3) challenges in the\ndevelopment and production of new products and services; and (4) the effect of\nchanges in laws and regulations, political conditions and geopolitical\nconflicts in countries in which we operate and other factors beyond our\ncontrol. The above list of factors is not exhaustive or necessarily in order\nof importance. For additional information on identifying factors that may\ncause actual results to vary from those stated in forward-looking statements,\nsee the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to\nthe SEC from time to time. Any forward-looking statement speaks only as of the\ndate on which it is made, and Otis assumes no obligation to update or revise\nsuch statement, whether as a result of new information, future events or\notherwise, except as required by applicable law.\n Media Contact:                                                   Investor Relations Contact:\n Katy Padgett                                                     Imelda Suit\n +1-860-674-3047                                                  +1-860-676-6011\n kathleen.padgett@otis.com (mailto:kathleen.padgett@otis.com)     investorrelations@otis.com (mailto:investorrelations@otis.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html\n(https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html)\n\nSOURCE Otis Worldwide Corporation\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn2cWC3qa","title":"Otis Declares Quarterly Dividend of $0.44 per Share","author":"PR Newswire","ticker":"OTIS","created":"2026-07-23T20:15:01.616Z","tickers":["OTIS"],"exchange":"NYSE","article_body":"Otis Declares Quarterly Dividend of $0.44 per Share\n\nPR Newswire\n\nFARMINGTON, Conn., July 23, 2026\n\nFARMINGTON, Conn., July 23, 2026 /PRNewswire/ -- The Otis Worldwide\nCorporation\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=1640967827&u=http%3A%2F%2Fwww.otis.com%2F&a=Otis+Worldwide+Corporation)\n (NYSE: OTIS) Board of Directors today declared a quarterly dividend\nof $0.44 per share of Otis' common stock. The dividend will be payable on\nSeptember 11, 2026, to shareholders of record at the close of business on\nAugust 14, 2026.\n\nAbout Otis\n\nOtis gives people freedom to connect and thrive in a taller, faster, smarter\nworld. The global leader in the manufacture, installation, service and\nmodernization of elevators and escalators, we move 2.5 billion people a day\nand maintain approximately 2.5 million customer units worldwide – the\nindustry's largest Service portfolio. You'll find us in the world's most\niconic structures, as well as residential and commercial buildings,\ntransportation hubs and everywhere people are on the move. Headquartered in\nConnecticut, USA, Otis is 72,000 people strong, including 45,000 field\nprofessionals, all committed to manufacturing, installing and maintaining\nproducts to meet the diverse needs of our customers and passengers in more\nthan 200 countries and territories. To learn more, visit www.otis.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=1799628140&u=http%3A%2F%2Fwww.otis.com%2F&a=www.otis.com)\n and follow us on LinkedIn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=2633373961&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fotis_elevators&a=LinkedIn)\n, YouTube\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=4284238235&u=https%3A%2F%2Fwww.youtube.com%2F%40OtisElevatorCo&a=YouTube)\n, Instagram\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=54201944&u=http%3A%2F%2Fwww.instagram.com%2Fotiselevatorco&a=Instagram)\n and Facebook\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4737962-1&h=3896158658&u=http%3A%2F%2Fwww.facebook.com%2Fotiselevatorco&a=Facebook)\n @OtisElevatorCo.\n\nCautionary Statement\n\nThis release includes statements related to anticipated earnings, cash flow\nand dividends that constitute \"forward-looking statements\" under the\nsecurities laws. All forward-looking statements involve risks, uncertainties\nand assumptions that may cause actual results to differ materially from those\nexpressed or implied in the forward-looking statements. Past dividends provide\nno assurance as to future dividends. The payment and amount of future\ndividends could vary significantly from past amounts due to a number of risks\nand uncertainties. Risks and uncertainties include: (1) the effect of economic\nconditions in the industries and markets in which Otis and its businesses\noperate in the U.S. and globally and any changes therein, including financial\nmarket conditions, fluctuations in commodity prices, interest rates and\nforeign currency exchange rates, future availability of credit and factors\nthat may affect such availability or costs (including tighter credit\nconditions), levels of end market demand in construction, pandemic health\nissues, natural disasters and the financial condition of Otis' customers and\nsuppliers; (2) risks associated with indebtedness; (3) challenges in the\ndevelopment and production of new products and services; and (4) the effect of\nchanges in laws and regulations, political conditions and geopolitical\nconflicts in countries in which we operate and other factors beyond our\ncontrol. The above list of factors is not exhaustive or necessarily in order\nof importance. For additional information on identifying factors that may\ncause actual results to vary from those stated in forward-looking statements,\nsee the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to\nthe SEC from time to time. Any forward-looking statement speaks only as of the\ndate on which it is made, and Otis assumes no obligation to update or revise\nsuch statement, whether as a result of new information, future events or\notherwise, except as required by applicable law.\n Media Contact:                                                   Investor Relations Contact:\n Katy Padgett                                                     Imelda Suit\n +1-860-674-3047                                                  +1-860-676-6011\n kathleen.padgett@otis.com (mailto:kathleen.padgett@otis.com)     investorrelations@otis.com (mailto:investorrelations@otis.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html\n(https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html)\n\nSOURCE Otis Worldwide Corporation\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-23T20:15:03.434852901Z","server_sent_at_ms":1784837703434},"received_at":"2026-07-23T20:15:03.486Z","source_url":"https://www.prnewswire.com/news-releases/otis-declares-quarterly-dividend-of-0-44-per-share-302833623.html"},"analysis":{"id":"86371","press_release_id":"97331","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":[],"eventType":"dividend","narrative":"The Otis Worldwide Corporation Board of Directors declared a quarterly dividend of $0.44 per share on common stock.\n\nThe dividend is payable on September 11, 2026 to shareholders of record at the close of business on August 14, 2026.\n\nOtis is a global leader in elevator and escalator manufacturing and service, moving 2.5 billion people daily.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine dividend declaration."},"keyFigures":{"customDimensions":{"dividend_per_share":0.44}},"quotedText":"","namedEntities":{"people":[],"products":[],"companies":[{"name":"Otis Worldwide Corporation","ticker":"OTIS"}],"dollarAmounts":[{"amount":"$0.44","context":"quarterly dividend per share"}]},"materialImpact":{"score":1,"reasoning":"Routine declaration of a quarterly dividend with no change in amount. Standard capital return event."},"tickerRelevance":{"others":[],"primary":"OTIS"},"globalImportance":15,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"S&P 500","eventGravity":"routine_dividend"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"bullish","material_impact_score":1,"narrative":"The Otis Worldwide Corporation Board of Directors declared a quarterly dividend of $0.44 per share on common stock.\n\nThe dividend is payable on September 11, 2026 to shareholders of record at the close of business on August 14, 2026.\n\nOtis is a global leader in elevator and escalator manufacturing and service, moving 2.5 billion people daily.","key_figures":{"customDimensions":{"dividend_per_share":0.44}},"named_entities":{"people":[],"products":[],"companies":[{"name":"Otis Worldwide Corporation","ticker":"OTIS"}],"dollarAmounts":[{"amount":"$0.44","context":"quarterly dividend per share"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-23T23:51:12.209Z","global_importance":15,"audience_relevance":30,"importance_components":{"tickerTier":"S&P 500","eventGravity":"routine_dividend"}},"durationMs":183744,"modelName":"glm-4.7"}}