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Otis Worldwide (OTIS) Dividend Yield, Date & History

Otis Worldwide logo
$95.39 +0.74 (+0.78%)
Closing price 03:59 PM Eastern
Extended Trading
$92.60 -2.79 (-2.93%)
As of 07:03 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Otis Worldwide Dividend Summary

Dividend Yield
1.64%
Annual Dividend
$1.56
Next
Dividend Payment
Mar. 7
Annualized 3-Year
Dividend Growth
17.96%
Dividend Payout Ratio
38.90%

Otis Worldwide (OTIS) pays an annual dividend of $1.56 per share, with a dividend yield of 1.64%. The next quarterly payment of $0.39 per share is scheduled for Friday, March 7, to investors who own the stock before the ex-dividend date. The company currently pays out 38.90% of its earnings and 38.05% of its cash flow as dividends.

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OTIS Dividend Payments by Quarter

The chart below displays up to four years of Otis Worldwide's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

OTIS Dividend Yield Over Time

The chart below tracks Otis Worldwide's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Otis Worldwide vs. The Competition

Compare Otis Worldwide's annual dividend, yield, and 3-year growth rate with averages for Construction and NYSE companies to evaluate its performance against the market.

TypeOtis WorldwideConstruction CompaniesNYSE Companies
Annual Dividend$1.56$0.01$1.55
Dividend Yield1.64%1.95%3.61%
Annualized 3-Year Dividend Growth17.96%15.76%12.20%

Otis Worldwide Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings38.90%
Based on This Year's Estimate40.41%
Based on Next Year's Estimate38.05%
Based on Cashflow38.05%

Otis Worldwide Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
1/30/2025quarterly$0.39 - 1.64%2/14/20253/7/2025
10/31/2024quarterly$0.39 - 1.59%11/15/202411/15/202412/6/2024
7/25/2024quarterly$0.39 - 1.68%8/16/20248/16/20249/6/2024
4/23/2024Quarterly$0.39+$0.05
14.71%
1.67%5/16/20245/17/20246/7/2024
2/1/2024Quarterly$0.34 - 1.49%2/15/20242/16/20243/8/2024
10/26/2023quarterly$0.34 - 1.8%11/16/202311/17/202312/8/2023
7/27/2023quarterly$0.34 - 1.5%8/17/20238/18/20239/8/2023
4/25/2023quarterly$0.34+$0.05
17.24%
1.7%5/18/20235/19/20236/9/2023
2/2/2023Quarterly$0.29 - 1.37%2/16/20232/17/20233/10/2023

This table shows Otis Worldwide's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Otis Worldwide Dividend - Frequently Asked Questions

The current dividend yield for Otis Worldwide is 1.64%. Learn more on OTIS's dividend yield history.

The annual dividend for OTIS shares is $1.56. Learn more on OTIS's annual dividend history.

Otis Worldwide pays quarterly dividends to shareholders.

Otis Worldwide's next quarterly dividend payment of $0.39 per share will be made to shareholders on Friday, March 7, 2025.

Otis Worldwide's most recent quarterly dividend payment of $0.39 per share was made to shareholders on Friday, December 6, 2024.

Otis Worldwide's next ex-dividend date is Friday, January 1, 2100.

Otis Worldwide's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 17.96% per year.

The most recent change in the company's dividend was an increase of $0.05 on Tuesday, April 23, 2024.

The dividend payout ratio for OTIS is:
  • 38.90% based on the trailing year of earnings
  • 40.41% based on this year's estimates
  • 38.05% based on next year's estimates
  • 38.05% based on cash flow

Otis Worldwide's dividend yield of 1.64% is lower than the average Construction company that issues a dividend. Otis Worldwide's dividend payout ratio of 38.90% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Otis Worldwide stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:OTIS) was last updated on 1/30/2025 by MarketBeat.com Staff
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