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Otis Worldwide Corporation (OTIS)
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OTIS Dividends

Otis Worldwide Corporation (OTIS) pays $1.70 in dividends per share, with a current dividend yield of 2.32%. The company has dividend history for 5 consecutive years.

OTIS Dividend Summary

Consecutive Years

5

Most Recent Ex-Date

May 15, 2026

Most Recent Payment

Jun 12, 2026

OTIS Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

OTIS Dividends CAGR Chart

Otis Worldwide Corporation (OTIS)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.86
2025$1.65+9.27%
2024$1.51+15.27%
2023$1.31+18.02%
2022$1.11+20.65%
2021$0.92N/A
2020$0.60N/A

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.44+4.76%
Q1 2026$0.42+7.69%
Q4 2025$0.42+7.69%
Q3 2025$0.42+7.69%
Q2 2025$0.42+7.69%
Q1 2025$0.39+14.71%
Q4 2024$0.39+14.71%
Q3 2024$0.39+14.71%
Q2 2024$0.39+14.71%
Q1 2024$0.34+17.24%
Q4 2023$0.34+17.24%
Q3 2023$0.34+17.24%
Q2 2023$0.34+17.24%
Q1 2023$0.29+20.83%
Q4 2022$0.29+20.83%
Q3 2022$0.29+20.83%
Q2 2022$0.29+20.83%
Q1 2022$0.24+20.00%
Q4 2021$0.24+20.00%
Q3 2021$0.24+20.00%
Q2 2021$0.24+20.00%
Q1 2021$0.20
Q4 2020$0.20
Q3 2020$0.20

Dividend Yield Metrics

Current Yield
2.32%
Average Yield (TTM)
2.32%
Average Yield (3Y)
2.03%
Forward Yield on Cost (3Y)
4.16%
Forward Yield on Cost (5Y)
6.14%
Forward Yield on Cost (10Y)
16.26%

Payout Ratio Analysis

Payout Ratio (Current)
45.22%
FCF Payout Ratio
40.12%
Payout Ratio (3Y Avg)
40.63%
Payout Ratio (5Y Avg)
38.15%
FCF Payout (3Y Avg)
41.13%
FCF Payout (5Y Avg)
36.07%

Dividend Coverage

Payout Ratio
45.2%
Dividends / net income
FCF Payout Ratio
40.1%
Dividends / free cash flow
Consecutive Years
5 years
Years with regular dividend payments
5Y Dividend Growth
22.4%
Compound annual dividend growth

About Otis Worldwide Corporation

Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.

Farmington, CT
72,000 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
Judith F. Marks