Otis Worldwide Corp. (OTIS) Dividends

Otis Worldwide Corp. (OTIS): $78.67

0.57 (+0.73%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • OTIS's trailing 12 month dividends has averaged an annual growth rate of 33.46%.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with OTIS that may be suitable potential portfolio mates: UTI, LVS, UGP, KYOCY and ATNI.
OTIS Ex-Dividend Date
OTIS Dividend Yield
1.47%
OTIS Annual Dividend
$1.16
OTIS Payout Ratio

OTIS Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$78.67$32.71 -57.21%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of OTIS, the DDM model, as implemented by StockNews, implies a negative return of 57.21% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Otis Worldwide Corp are:

  • Relative to all dividend yielding stocks in our set, OTIS offers a dividend yield in the bottom 1.26% of its fellow sector mates.
  • In terms of opportunity, OTIS's provides a return of -57.21% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 26.9% of all stocks we measured with our dividend discount model.
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Otis Worldwide Corp, its beta is lower than 35.19% of dividend issuing stocks we observed.

OTIS Dividend Chart


OTIS Dividend History

Ex-Dividend Date Type Payout Amount Change
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OTIS Dividends vs. Peers

OTIS's dividend yield currently ranks #34 of 102 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 CYD China Yuchai International Limited 5.64%
2 MMM 3M Company 4.66%
3 SOHVY Sumitomo Heavy Industries, Ltd. 4.46%
4 POWL Powell Industries, Inc. 3.86%
5 KIGRY Kion Group AG ADR 3.65%
6 LXFR Luxfer Holdings PLC Ordinary Shares 3.38%
7 AMDLY Amada Co. Ltd. ADR 3.34%
8 SMGZY Smiths Group PLC 2.93%
9 KMTUY Komatsu Ltd. 2.92%
10 KNYJY KONE Oyj 2.90%
11 GEAGY GEA Group Aktiengesellschaft 2.74%
12 FLS Flowserve Corporation 2.53%
13 GRC Gorman-Rupp Co. 2.53%
14 CMI Cummins Inc. 2.50%
15 ITW Illinois Tool Works Inc. 2.29%
16 SDVKY Sandvik AB ADR 2.04%
17 CAT Caterpillar, Inc. 2.03%
18 TTNDY Techtronic Industries Co. Ltd. ADR 2.01%
19 THKLY THK CO., LTD. 1.97%
20 ETN Eaton Corp. PLC 1.96%
21 AOS A.O. Smith Corp. 1.95%
22 HON Honeywell International Inc. 1.88%
23 JPSWY The Japan Steel Works, Ltd. 1.82%
24 CR Crane Co. 1.77%
25 ROK Rockwell Automation Inc. 1.77%
26 FANUY Fanuc Corp. ADR 1.75%
27 ABB ABB Ltd. ADR 1.69%
28 AZZ AZZ Inc. 1.65%
29 ALFVY Alfa Laval AB AD 1.62%
30 TNC Tennant Company 1.59%
31 LII Lennox International Inc. 1.59%
32 DCI Donaldson Company, Inc. 1.52%
33 LECO Lincoln Electric Holdings, Inc. 1.51%
34 OTIS Otis Worldwide Corp. 1.49%
35 DOV Dover Corp. 1.41%
36 ITT ITT Inc. 1.26%
37 ASTE Astec Industries, Inc. 1.21%
38 GGG Graco Inc. 1.20%
39 NDSN Nordson Corporation 1.11%
40 KWHIY Kawasaki Heavy Industries, Ltd. 1.11%
41 RRX Regal Rexnord Corp. 1.09%
42 WEGRY The Weir Group PLC 1.09%
43 IMIAY IMI plc 1.07%
44 DE Deere & Co. 1.03%
45 SMCAY SMC Corp. ADR 1.02%
46 IEX IDEX Corp. 1.02%
47 CMCO Columbus McKinnon Corporation 0.89%
48 HLIO Helios Technologies, Inc. 0.65%
49 AME AMETEK Inc. 0.62%
50 CGNX Cognex Corp. 0.57%
51 ROP Roper Technologies Inc. 0.57%
52 ALG Alamo Group, Inc. 0.48%
53 JBT John Bean Technologies Corporation 0.44%
54 CW Curtiss-Wright Corporation 0.43%
55 HWM Howmet Aerospace Inc. 0.42%
56 ATU Actuant Corporation 0.18%
57 EPAC Enerpac Tool Group Corp. 0.16%
58 IR Ingersoll Rand Inc. 0.15%
59 HDNG Hardinge Inc. 0.11%
60 MIR Mirion Technologies, Inc. 0.00%
61 TAYD Taylor Devices, Inc. 0.00%
62 GDI Gardner Denver Holdings, Inc. 0.00%
63 CFX Colfax Corporation 0.00%
64 MHVYF Mitsubishi Heavy Industries, Ltd. 0.00%
65 THR Thermon Group Holdings, Inc. 0.00%
66 PACK Ranpak Holdings Corp. 0.00%
67 UGRO urban-gro Inc. 0.00%
68 XMTR Xometry, Inc. 0.00%
69 TBLT Toughbuilt Industries, Inc. 0.00%
70 GENC Gencor Industries Inc. 0.00%
71 CPST Capstone Turbine Corporation 0.00%
72 BWEN Broadwind Energy, Inc. 0.00%
73 CNHI CNH Industrial N.V. 0.00%
74 JCSE JE Cleantech Holdings Limited, 0.00%
75 IPWR Ideal Power Inc. 0.00%
76 LIQT LiqTech International, Inc. 0.00%
77 AP Ampco-Pittsburgh Corporation 0.00%
78 TWIN Twin Disc, Incorporated 0.00%
79 VLDR Velodyne Lidar Inc. 0.00%
80 JASN Jason Industries, Inc. 0.00%
81 XRM Xerium Technologies, Inc. New 0.00%
82 RAVN Raven Industries, Inc. 0.00%
83 TWI Titan International, Inc. (DE) 0.00%
84 MTW Manitowoc Company, Inc. (The) 0.00%
85 CVV CVD Equipment Corporation 0.00%
86 HYFM Hydrofarm Holdings Group Inc. 0.00%
87 MNTX Manitex International, Inc. - common stock 0.00%
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92 GNRC Generac Holdlings Inc. 0.00%
93 UAVS AgEagle Aerial Systems, Inc. 0.00%
94 MCRN Milacron Holdings Corp. 0.00%
95 SPXC SPX Corporation 0.00%
96 OUKPY Metso Outotec Oyj 0.00%
97 TMRAY Tomra Systems ASA 0.00%
98 FLIDY FLSmidth & Co. A/S 0.00%
99 XEBEF Xebec Adsorption Inc. 0.00%
100 ZLIOY Zoomlion Heavy Industry Science And Technology Co., Ltd. 0.00%
101 ATLCY Atlas Copco AB 0.00%
102 ATSAF ATS Automation Tooling Systems Inc. 0.00%

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