Otis Worldwide: Long-Term Shareholder Value Is Still Headed To The Top Floor

Michael Vi Thesis Otis Worldwide Corporation (NYSE:OTIS) initially caught my attention because they have attractive margins and returns. This has allowed them to steadily buy shares off the open market while increasing their dividend. Their established reputation grants them sticky revenue and an attractive moat. I expect for them to be able to maintain their dividend growth over extended time frames. They have been in operation for over 170 years. After initially investigating the company 9 months ago, I have noticed that a majority of the elevators I use in my daily life were made by Otis. This is a…