OTIS - NYSE
Otis Worldwide Corporation
$69.92
-0.58%Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
At a Glance
Live SnapshotOtis Worldwide Corporation Dividend History
OTIS Dividend Payment History
Total Payments
25
Latest Dividend
$0.4400
Annual Amount
$2.1200
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 21, 2026 | May 15, 2026 | Jun 12, 2026 | $0.4400 | $0.4400 | Quarterly | +4.76% |
Jan 29, 2026 | Feb 13, 2026 | Mar 13, 2026 | $0.4200 | $0.4200 | Quarterly | 0.00% |
Oct 30, 2025 | Nov 14, 2025 | Dec 5, 2025 | $0.4200 | $0.4200 | Quarterly | 0.00% |
Jul 24, 2025 | Aug 15, 2025 | Sep 5, 2025 | $0.4200 | $0.4200 | Quarterly | 0.00% |
Apr 22, 2025 | May 16, 2025 | Jun 6, 2025 | $0.4200 | $0.4200 | Quarterly | +7.69% |
Jan 30, 2025 | Feb 14, 2025 | Mar 7, 2025 | $0.3900 | $0.3900 | Quarterly | 0.00% |
Oct 31, 2024 | Nov 15, 2024 | Dec 6, 2024 | $0.3900 | $0.3900 | Quarterly | 0.00% |
Jul 25, 2024 | Aug 16, 2024 | Sep 6, 2024 | $0.3900 | $0.3900 | Quarterly | 0.00% |
Apr 23, 2024 | May 17, 2024 | Jun 7, 2024 | $0.3900 | $0.3900 | Quarterly | +14.71% |
Feb 1, 2024 | Feb 16, 2024 | Mar 8, 2024 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Oct 26, 2023 | Nov 17, 2023 | Dec 8, 2023 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Jul 27, 2023 | Aug 18, 2023 | Sep 8, 2023 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Apr 25, 2023 | May 19, 2023 | Jun 9, 2023 | $0.3400 | $0.3400 | Quarterly | +17.24% |
Feb 2, 2023 | Feb 17, 2023 | Mar 10, 2023 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Oct 27, 2022 | Nov 18, 2022 | Dec 10, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Jul 28, 2022 | Aug 19, 2022 | Sep 10, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Apr 22, 2022 | May 20, 2022 | Jun 10, 2022 | $0.2900 | $0.2900 | Quarterly | +20.83% |
Feb 3, 2022 | Feb 18, 2022 | Mar 10, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Oct 28, 2021 | Nov 19, 2021 | Dec 10, 2021 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jul 29, 2021 | Aug 20, 2021 | Sep 10, 2021 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Apr 19, 2021 | May 21, 2021 | Jun 10, 2021 | $0.2400 | $0.2400 | Quarterly | +20.00% |
Feb 4, 2021 | Feb 12, 2021 | Mar 10, 2021 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Sep 18, 2020 | Nov 20, 2020 | Dec 10, 2020 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Jul 27, 2020 | Aug 21, 2020 | Sep 10, 2020 | $0.2000 | $0.2000 | Quarterly | 0.00% |
May 6, 2020 | May 22, 2020 | Jun 10, 2020 | $0.2000 | $0.2000 | Quarterly | - |
Otis Worldwide Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Related Guides
Continue your OTIS research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.