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OTIS - Otis Worldwide: A Compelling Service Segment
Otis Worldwide Corporation
2024-03-07 09:44:03 ET
Summary
A company with strong underlying growth drivers, driven by an extensive portfolio of elevator units that could drive multiple expansion in the years ahead.
A dominant player maintaining elevators in some of the most prestigious sites across the globe.
A dividend yield of 1.44% with a payout ratio of 38%, leaves exciting room for more distribution in earnings to shareholders.