Otis Worldwide Corporation
OTISIndustrials · Stock · quarterly payer
Forward Yield
2.39%
Annual Dividend
$1.70
Payout Ratio
45%
5-Yr Growth
16.0%
Ex-Date
May 15, 2026
Frequency
Quarterly
Is OTIS a good dividend stock?
Yes, with caveatsOtis Worldwide Corporation (OTIS) pays a quarterly dividend yielding 2.39% ($1.70/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (45%)
- Strong 16.0% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.39%
- Payout Ratio
- 45%
- Annual Dividend
- $1.70
- 5-Yr Avg Growth
- 16.0%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $27.3B
- P/E Ratio
- 19.0
- 5-Yr Total Return
- -14%
- 52-Week Range
- $69.16 – $101.42
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
OTIS Price — Last 12 Months
Daily close
Price Return
1 Year
-29%
3 Years
-21%
5 Years
-14%
52-Week Range
$69.16 – $101.42
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OTIS worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Otis Worldwide Corporation is $74.58 per share, versus a market price of $71.27. That implies the stock is roughly fairly priced.
Fair Value
$74.58
Current Price
$71.27
Gap
+5%
Margin of Safety
4%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 11.5% annual free-cash-flow growth. We model 12.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 12.4% stage-1 growth, 2.5% terminal growth, $3.76 EPS, $1.70 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OTIS Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.4400 | regular |
| Feb 13, 2026 | — | $0.4200 | regular |
| Nov 14, 2025 | — | $0.4200 | regular |
| Aug 15, 2025 | — | $0.4200 | regular |
| May 16, 2025 | — | $0.4200 | regular |
| Feb 14, 2025 | — | $0.3900 | regular |
| Nov 15, 2024 | — | $0.3900 | regular |
| Aug 16, 2024 | — | $0.3900 | regular |
| May 16, 2024 | — | $0.3900 | regular |
| Feb 15, 2024 | — | $0.3400 | regular |
| Nov 16, 2023 | — | $0.3400 | regular |
| Aug 17, 2023 | — | $0.3400 | regular |
| May 18, 2023 | — | $0.3400 | regular |
| Feb 16, 2023 | — | $0.2900 | regular |
Income Calculator
At $1.70 / yr per share
