Otis Worldwide Dividend
Dividend criteria checks 3/6
Otis Worldwide is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
39%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.53 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Otis Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.39
May 11Otis Worldwide (NYSE:OTIS) Is Paying Out A Larger Dividend Than Last Year
Apr 27Recent updates
Estimating The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)
May 29Otis Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.39
May 11Otis Worldwide (NYSE:OTIS) Is Paying Out A Larger Dividend Than Last Year
Apr 27Investor Optimism Abounds Otis Worldwide Corporation (NYSE:OTIS) But Growth Is Lacking
Apr 22Is Now The Time To Put Otis Worldwide (NYSE:OTIS) On Your Watchlist?
Mar 17Otis Worldwide: A Compelling Service Segment
Mar 07Is Now An Opportune Moment To Examine Otis Worldwide Corporation (NYSE:OTIS)?
Feb 28Otis: An Industrial Capital-Light Business Generating Enormous Free Cash Flows
Feb 04Otis Worldwide: Put This Dividend Grower On Your Radar
Jan 16What Otis Worldwide Corporation's (NYSE:OTIS) P/E Is Not Telling You
Jan 04Ascending The Market With Otis: Financial Strengths, Market Trends, And Long-Term Outlook
Dec 05Calculating The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)
Nov 29Otis Worldwide: Why You Should Look Past The New Equipment Slowdown
Nov 08Here's Why We Think Otis Worldwide (NYSE:OTIS) Might Deserve Your Attention Today
Nov 06Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness
Oct 11Otis: Strong Services Momentum Combined With Slow China Growth
Oct 02A Look At The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)
Aug 23Do Otis Worldwide's (NYSE:OTIS) Earnings Warrant Your Attention?
Aug 08Otis: Reaching New Heights On Core Business, Dividend Growth And Share Repurchases
Aug 02Should You Investigate Otis Worldwide Corporation (NYSE:OTIS) At US$87.54?
Jul 06Estimating The Intrinsic Value Of Otis Worldwide Corporation (NYSE:OTIS)
May 01What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?
Mar 23Otis: Solid Q4, More High-Single-Digit EPS Growth Guided In 2023
Feb 07Otis Worldwide Q4 2022 Earnings Preview
Jan 31Is Otis Worldwide Corporation (NYSE:OTIS) Worth US$81.8 Based On Its Intrinsic Value?
Jan 19Otis Worldwide: Strong Elevation After Q3 Results Should Continue
Dec 16What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?
Dec 08A Late-Cycle, Service-Driven Story Is Driving Otis Worldwide Higher
Nov 08Otis Worldwide Q3 2022 Earnings Preview
Oct 25Otis Worldwide Corporation's (NYSE:OTIS) Intrinsic Value Is Potentially 27% Above Its Share Price
Aug 29Otis Worldwide: Shares Are Nearing An Inflection Point
Aug 29Otis Worldwide Q2 2022 Earnings Preview
Jul 26Investors Shouldn't Overlook The Favourable Returns On Capital At Otis Worldwide (NYSE:OTIS)
May 19Otis: Expected To Thrive In The New Normal Of Government-Mandated Infrastructure Programs
May 17Otis Worldwide (NYSE:OTIS) Has Announced That It Will Be Increasing Its Dividend To US$0.29
Apr 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, OTIS has been paying a dividend for less than 10 years.
Growing Dividend: OTIS's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Otis Worldwide Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (OTIS) | 1.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Machinery) | 1.7% |
Analyst forecast in 3 Years (OTIS) | 1.9% |
Notable Dividend: OTIS's dividend (1.61%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: OTIS's dividend (1.61%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), OTIS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.8%), OTIS's dividend payments are well covered by cash flows.