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Callan Family Office LLC makes new investment in Otis Worldwide Co. (NYSE:OTIS).
Additionally, Otis Worldwide introduced new elevator and escalator products in key markets and continues to focus on growth in the Chinese market.
FARMINGTON, Conn., Jan. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on March 7, 2025, to shareholders of record at the close of business on February 14, 2025.About OtisOtis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, and Facebook @OtisElevatorCo.Cautionary StatementThis release includes statements related to anticipated earnings, cash flow and dividends that constitute "forward-looking statements" under the securities laws
Otis delivers solid fourth quarter and full year results; announces 2025 outlook with sustained earnings growth driven by continued Service momentum. Fourth quarter 2024 Net sales up 1.5% and organic sales up 1.9%, driven by Service sales up 7.6% and Service organic sales up 7.8%. GAAP EPS up 6.3% and adjusted EPS up 6.9% with continued margin expansion
Aaron Wealth Advisors LLC invests $332,000 in Otis Worldwide Co. (NYSE:OTIS).
Waterbury, CT, USA + 1 more
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Centennial, CO, USA + 1 more
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Centennial, CO, USA + 1 more
Waterbury, CT, USA + 1 more
$60k - $95k/yr
Centennial, CO, USA + 1 more
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Mechanical Engineering
108 Open Roles
Electrical Engineering
30 Open Roles
Architecture & Civil Engineering
22 Open Roles
Data & Analytics
2 Open Roles
Sales & Solution Engineering
2 Open Roles
Engineering Management
2 Open Roles
QA & Testing
1 Open Roles
IT & Security
1 Open Roles
Training
1 Open Roles