Otis Worldwide Corporation

NYSE:OTIS Stock Report

Market Cap: US$40.3b

Otis Worldwide Dividend

Dividend criteria checks 2/6

Otis Worldwide is a dividend paying company with a current yield of 1.37% that is well covered by earnings.

Key information

1.4%

Dividend yield

38%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$3.47
Dividend yield forecast in 3Y1.8%

Recent dividend updates

Recent updates

Is Now The Time To Put Otis Worldwide (NYSE:OTIS) On Your Watchlist?

Mar 17
Is Now The Time To Put Otis Worldwide (NYSE:OTIS) On Your Watchlist?

Otis Worldwide: A Compelling Service Segment

Mar 07

Is Now An Opportune Moment To Examine Otis Worldwide Corporation (NYSE:OTIS)?

Feb 28
Is Now An Opportune Moment To Examine Otis Worldwide Corporation (NYSE:OTIS)?

Otis: An Industrial Capital-Light Business Generating Enormous Free Cash Flows

Feb 04

Otis Worldwide: Put This Dividend Grower On Your Radar

Jan 16

What Otis Worldwide Corporation's (NYSE:OTIS) P/E Is Not Telling You

Jan 04
What Otis Worldwide Corporation's (NYSE:OTIS) P/E Is Not Telling You

Ascending The Market With Otis: Financial Strengths, Market Trends, And Long-Term Outlook

Dec 05

Calculating The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)

Nov 29
Calculating The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)

Otis Worldwide: Why You Should Look Past The New Equipment Slowdown

Nov 08

Here's Why We Think Otis Worldwide (NYSE:OTIS) Might Deserve Your Attention Today

Nov 06
Here's Why We Think Otis Worldwide (NYSE:OTIS) Might Deserve Your Attention Today

Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness

Oct 11

Otis: Strong Services Momentum Combined With Slow China Growth

Oct 02

A Look At The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)

Aug 23
A Look At The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)

Do Otis Worldwide's (NYSE:OTIS) Earnings Warrant Your Attention?

Aug 08
Do Otis Worldwide's (NYSE:OTIS) Earnings Warrant Your Attention?

Otis: Reaching New Heights On Core Business, Dividend Growth And Share Repurchases

Aug 02

Should You Investigate Otis Worldwide Corporation (NYSE:OTIS) At US$87.54?

Jul 06
Should You Investigate Otis Worldwide Corporation (NYSE:OTIS) At US$87.54?

Estimating The Intrinsic Value Of Otis Worldwide Corporation (NYSE:OTIS)

May 01
Estimating The Intrinsic Value Of Otis Worldwide Corporation (NYSE:OTIS)

What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?

Mar 23
What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?

Otis: Solid Q4, More High-Single-Digit EPS Growth Guided In 2023

Feb 07

Otis Worldwide Q4 2022 Earnings Preview

Jan 31

Is Otis Worldwide Corporation (NYSE:OTIS) Worth US$81.8 Based On Its Intrinsic Value?

Jan 19
Is Otis Worldwide Corporation (NYSE:OTIS) Worth US$81.8 Based On Its Intrinsic Value?

Otis Worldwide: Strong Elevation After Q3 Results Should Continue

Dec 16

What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?

Dec 08
What Is Otis Worldwide Corporation's (NYSE:OTIS) Share Price Doing?

A Late-Cycle, Service-Driven Story Is Driving Otis Worldwide Higher

Nov 08

Otis Worldwide Q3 2022 Earnings Preview

Oct 25

Otis Worldwide Corporation's (NYSE:OTIS) Intrinsic Value Is Potentially 27% Above Its Share Price

Aug 29
Otis Worldwide Corporation's (NYSE:OTIS) Intrinsic Value Is Potentially 27% Above Its Share Price

Otis Worldwide: Shares Are Nearing An Inflection Point

Aug 29

Otis Worldwide Q2 2022 Earnings Preview

Jul 26

Investors Shouldn't Overlook The Favourable Returns On Capital At Otis Worldwide (NYSE:OTIS)

May 19
Investors Shouldn't Overlook The Favourable Returns On Capital At Otis Worldwide (NYSE:OTIS)

Otis: Expected To Thrive In The New Normal Of Government-Mandated Infrastructure Programs

May 17

Otis Worldwide (NYSE:OTIS) Has Announced That It Will Be Increasing Its Dividend To US$0.29

Apr 28
Otis Worldwide (NYSE:OTIS) Has Announced That It Will Be Increasing Its Dividend To US$0.29

Otis Worldwide Stock: Fairly Valued Right Now

Apr 27

Is Otis Worldwide Corporation (NYSE:OTIS) Trading At A 23% Discount?

Apr 19
Is Otis Worldwide Corporation (NYSE:OTIS) Trading At A 23% Discount?

Otis Worldwide Corporation's (NYSE:OTIS) Business Is Yet to Catch Up With Its Share Price

Feb 28
Otis Worldwide Corporation's (NYSE:OTIS) Business Is Yet to Catch Up With Its Share Price

Otis: Resilient Company In A Competitive Landscape, Solid And Prudent Cash Management

Feb 10

Stability 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
How does OTIS dividend yield compare to the market?
SegmentDividend Yield
Company (OTIS)1.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Machinery)1.6%
Analyst forecast in 3 Years (OTIS)1.8%

Notable Dividend: OTIS's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: OTIS's dividend (1.37%) is low compared to the top 25% of dividend payers in the US market (4.66%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (38.3%), OTIS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37%), OTIS's dividend payments are well covered by cash flows.


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