OTIS Otis Worldwide dividend history, payout ratio & dates
Otis Worldwide's most recent dividend payment of $0.39 per share was made to shareholders on record before Aug 16, 2024. The payout stands at $1.46 per share annually, which works out to a dividend yield of 1.39%.
Key dates
- OTIS last dividend date: Aug 16, 2024
OTIS dividend stats
vs. Industrials sector
Dividend yield
Otis Worldwide's dividend yield of 1.39% is higher than the industry average but lower than the Industrials sector average. But in comparison with the Industrials sector average of 1.43%, Otis Worldwide's dividend yield is only 2.8% lower.
Dividend history
Otis Worldwide has been paying dividends for the last four years. According to our data OTIS has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 16% for the last year. However since the stock price has gone up by 32% from a year ago, the dividend yield has decreased by 12%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 16, 2024 | $0.39 | 1.58% |
| May 16, 2024 | $0.39 | 1.46% |
| Feb 15, 2024 | $0.34 | 1.47% |
| Nov 16, 2023 | $0.34 | 1.56% |
| Aug 17, 2023 | $0.34 | 1.5% |
| May 18, 2023 | $0.34 | 1.43% |
| Feb 16, 2023 | $0.29 | 1.39% |
| Nov 17, 2022 | $0.29 | 1.44% |
| Aug 18, 2022 | $0.29 | 1.32% |
| May 19, 2022 | $0.29 | 1.39% |
| Feb 17, 2022 | $0.24 | 1.26% |
| Nov 18, 2021 | $0.24 | 1.07% |
| Aug 19, 2021 | $0.24 | 0.98% |
| May 20, 2021 | $0.24 | 1.09% |
| Feb 11, 2021 | $0.2 | 1.26% |
| Nov 19, 2020 | $0.2 | 0.91% |
| Aug 20, 2020 | $0.2 | 0.64% |
| May 21, 2020 | $0.2 | 0.38% |
Otis Worldwide dividend payout ratio
Payout ratio
Otis Worldwide's payout ratio of 40.4% is above the Industrials sector and the industry average. In comparison with its Industrials sector average of 31%, Otis Worldwide's payout ratio is 30% higher.
Total amount of dividends paid per financial year (from cash flow)
Frequently asked questions
Does Otis Worldwide pay a dividend?
Yes, Otis Worldwide has paid four dividends in the last 12 months. OTIS has been paying dividends since 2020.
When was OTIS's last dividend?
Otis Worldwide's last regular dividend was on Aug 16, 2024 (ex-date) with the amount of $0.39 per share.
How much dividend does Otis Worldwide pay (per share)?
OTIS has paid dividend of $1.46 per share in the last year.
What is Otis Worldwide's dividend yield?
The current dividend yield of Otis Worldwide is 1.39%.
How often does Otis Worldwide pay dividends?
Otis Worldwide has a quarterly dividend frequency.
What is Otis Worldwide's dividend payout ratio?
Otis Worldwide's dividend payout ratio is 40.4%.
Does Otis Worldwide pay a good dividend?
Otis Worldwide's dividend yield is in line with the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.