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%.
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.
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%.
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'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.
Yes, Otis Worldwide has paid four dividends in the last 12 months. OTIS has been paying dividends since 2020.
Otis Worldwide's last regular dividend was on Aug 16, 2024 (ex-date) with the amount of $0.39 per share.
OTIS has paid dividend of $1.46 per share in the last year.
The current dividend yield of Otis Worldwide is 1.39%.
Otis Worldwide has a quarterly dividend frequency.
Otis Worldwide's dividend payout ratio is 40.4%.
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.