Otis Worldwide Corporation
OTISIndustrials · Stock · quarterly payer
Forward Yield
2.58%
Annual Dividend
$1.76
Payout Ratio
44%
5-Yr Growth
15.6%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, Otis Worldwide Corporation (OTIS) yields 2.58% ($1.76 per share annually), with a blended fair-value estimate of $72.47 — +6% upside, so it screens as fairly valued. Dividend safety grade: B (73/100). 5 years of dividend growth.
Is OTIS a good dividend stock?
Yes, with caveatsOtis Worldwide Corporation (OTIS) pays a quarterly dividend yielding 2.58% ($1.76/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 (44%)
- Strong 15.6% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.58%
- Payout Ratio
- 44%
- Annual Dividend
- $1.76
- 5-Yr Avg Growth
- 15.6%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.88
- Market Cap
- $25.7B
- P/E Ratio
- 17.3
- 5-Yr Total Return
- -15%
- 52-Week Range
- $67.64 – $94.57
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
OTIS Price — Last 12 Months
Daily close
Price Return
1 Year
-26%
3 Years
-11%
5 Years
-15%
52-Week Range
$67.64 – $94.57
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 $72.47 per share, versus a market price of $68.52. That implies the stock is roughly fairly priced.
Fair Value
$72.47
Current Price
$68.52
Gap
+6%
Margin of Safety
5%
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 10.6% annual free-cash-flow growth. We model 11.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.7% discount rate (CAPM), 11.3% stage-1 growth, 2.5% terminal growth, $3.89 EPS, $1.76 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
Full OTIS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.4400 | regular |
| 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 |
Income Calculator
At $1.76 / yr per share
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