SmarterDividends
OTIS

Otis Worldwide Corporation

OTIS

Industrials · Stock · quarterly payer

Forward Yield

2.43%

Annual Dividend

$1.70

Payout Ratio

45%

5-Yr Growth

16.0%

Ex-Date

May 15, 2026

Frequency

Quarterly

OTIS Dividend Safety Score

73/ 100
Grade B

Safe

Dividend-growth streak5 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage45% of earnings paid out
Free-cash-flow coverage39% of free cash flow
Yield vs its historyYield is 1.6× its 5-yr average — elevated

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

Is OTIS a good dividend stock?

Yes, with caveats

Otis Worldwide Corporation (OTIS) pays a quarterly dividend yielding 2.43% ($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
2.43%
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
$26.8B
P/E Ratio
18.6
5-Yr Total Return
-14%
52-Week Range
$69.16 – $101.42
Dividend Safety
B · 73/100
Ever Cut?
No
OTIS ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.70 / yr per share

Per payment (quarterly)$42.50
Annual$170.00
Monthly avg$14.17