Otis Worldwide Corporation Stock Dividends
OTIS pays dividends quarterly. Last paid amount was $0.340 at Mar 08, 2024. As of today, dividend yield (TTM) is 1.56%.
Dividend Yield Range
AI Analysis of OTIS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.56% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.340 |
| Next Ex-Dividend Date | May 16, 2024 |
| Next Payment Date | Jun 07, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from OTIS the purchase should be done within the next 9 days.
Here's a simple guide on how to buy OTIS stock.
OTIS Dividend Payout History
To ensure a understanding of OTIS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 07, 2024 | $0.390 | 0.423% |
| 2 | Feb 01, 2024 | Feb 15, 2024 | Mar 08, 2024 | $0.340 | 0.348% |
| 3 | Oct 26, 2023 | Nov 16, 2023 | Dec 08, 2023 | $0.340 | 0.389% |
| 4 | Jul 27, 2023 | Aug 17, 2023 | Sep 08, 2023 | $0.340 | 0.411% |
| 5 | Apr 25, 2023 | May 18, 2023 | Sep 08, 2023 | $0.340 | 0.411% |
| 6 | Feb 02, 2023 | Feb 16, 2023 | Jun 09, 2023 | $0.290 | 0.339% |
| 7 | Oct 27, 2022 | Nov 17, 2022 | Dec 10, 2022 | $0.290 | 0.370% |
| 8 | Jul 28, 2022 | Aug 18, 2022 | Sep 10, 2022 | $0.290 | 0.395% |
| 9 | Apr 22, 2022 | May 19, 2022 | Jun 10, 2022 | $0.290 | 0.396% |
| 10 | Feb 03, 2022 | Feb 17, 2022 | Mar 10, 2022 | $0.240 | 0.325% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
OTIS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OTIS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OTIS stock here.
Comparing OTIS to Sector and Country
OTIS pays a solid dividend yield of 1.56%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). OTIS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%), which means that there are more attractive dividend stocks to consider.
OTIS Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Stanley Black & Decker Inc | 13.072B | $0.81 | 4.44% | -155.43% | |
| Southwest Airlines Company | 15.805B | $0.180 | 2.97% | 109.16% | |
| Otis Worldwide Corporation | 37.105B | $0.340 | 1.56% | 39.01% | |
| Waste Connections Inc | 42.15B | $0.285 | 0.756% | 35.02% | |
| Equifax Inc | 27.751B | $0.390 | 0.680% | 34.44% |
