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Otis Worldwide Corporation (OTIS) logo

Otis Worldwide Corporation

S&P 500
OTIS|Industrials|Specialty Industrial Machinery|$74.82|P/E 19.9|MCap 28.7B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

67/ 100Safe

OTIS's dividend appears safe and well-supported. Strengths include a 44.7% earnings payout ratio & 39.3% fcf payout ratio. Areas of concern: 69.6% net debt / total assets & 0.8x current ratio. The dividend has been growing at a 22.42% 5-year CAGR.

Based on 14 of 15 metrics

Strengths

  • Earnings Payout Ratio: 44.7%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 39.3%Free cash flow comfortably covers the dividend.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Debt-to-Equity: -1.5Debt-to-equity is elevated for the sector.
  • Return on Equity: -26.3%Return on equity is below industry norms.
  • Net Debt / Total Assets: 69.6%Net debt is high relative to total assets.

Payout & Coverage

Very Safe
Earnings Payout Ratio
44.7%Very Safe
FCF Payout Ratio
39.3%Very Safe
CFO Payout Ratio
37.3%Safe
Interest Coverage
N/AN/A

Balance Sheet

Warning
Net Debt / Total Assets
69.6%Warning
Current Ratio
0.8xWarning
Debt-to-Equity
-1.5Danger

Profitability

Caution
Return on Equity
-26.3%Danger
Operating Margin
15.4%Safe
Gross Margin
30.3%Caution
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
6+ yrsCaution
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
22.4%Very Safe
Earnings Stability
GrowingVery Safe

About Otis Worldwide Corporation

Otis Worldwide Corporation is the world's largest manufacturer of vertical transportation systems, specializing in elevators, escalators, and moving walkways. The company designs, manufactures, installs, and services a comprehensive range of passenger and freight elevators, escalators, and related equipment, operating through its New Equipment and Service segments. The New Equipment segment focuses on producing and installing new systems, while the Service segment provides maintenance, repair, and modernization services to extend the life and efficiency of existing installations. Otis delivers end-to-end solutions including digital monitoring platforms for predictive maintenance, spare parts distribution, and 24/7 emergency support. It serves diverse markets such as commercial high-rise buildings, residential complexes, airports, transit hubs, industrial facilities, and infrastructure projects worldwide, across more than 200 countries and territories. With a global service network maintaining millions of units, Otis ensures safe, reliable people-moving solutions. Headquartered in Farmington, Connecticut, the company plays a pivotal role in urban mobility and building operations.

Dividend Overview

Dividend Yield

2.24%

Annual Dividend

$1.68

Frequency

Quarterly

Payout Ratio

44.68%

FCF Payout Ratio

39.27%

Stock Price

$74.82

52-Week Range

$74.62 $101.42

Dividend History (2016–2025)

OTIS annual dividend per share and yield history

Earnings & Profitability

OTIS earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 15, 2026

Next Payment Date

June 12, 2026

Dividend Growth

3-Year Dividend CAGR

14.13%

5-Year Dividend CAGR

22.42%

10-Year Dividend CAGR

0.00%

3-Year Total Growth

48.65%

5-Year Total Growth

175.00%

10-Year Total Growth

0.00%

Income Calculator

OTIS Dividend Calculator

Total Investment

$7,482.00

Annual Income

$168.00

Quarterly Income

$42.00

Monthly Income

$14.00

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Frequently Asked Questions

What is OTIS's current dividend yield?
Otis Worldwide Corporation (OTIS) currently has a dividend yield of 2.24%, based on a stock price of $74.82 and an annual dividend of $1.68.
When is OTIS's next dividend payment date?
OTIS's next ex-dividend date is 2026-05-15 and the next payment date is 2026-06-12. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does OTIS pay in dividends per year?
Otis Worldwide Corporation paid $1.65 per share in annual dividends in 2025. The dividends are paid quarterly.
Has OTIS been increasing its dividend?
Otis Worldwide Corporation has grown its dividend at a 5-year CAGR of 22.42% and a 10-year CAGR of 0.00%.
Is OTIS's dividend safe?
Otis Worldwide Corporation has a payout ratio of 44.68%. Its free cash flow payout ratio is 39.27%. A payout ratio below 60% is generally considered sustainable.
How is OTIS's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Otis Worldwide Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.