Otis Worldwide Dividend
Dividend criteria checks 3/6
Otis Worldwide is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
39%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.53 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4PG has been paying a dividend for less than 10 years.
Growing Dividend: 4PG'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 (4PG) | 1.5% |
Market Bottom 25% (BG) | 0.9% |
Market Top 25% (BG) | 6.4% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (4PG) | 2.0% |
Notable Dividend: 4PG's dividend (1.48%) is higher than the bottom 25% of dividend payers in the BG market (0.94%).
High Dividend: 4PG's dividend (1.48%) is low compared to the top 25% of dividend payers in the BG market (6.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), 4PG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), 4PG's dividend payments are well covered by cash flows.