Otis Worldwide Corp. (OTIS) Dividends
Dividend Yield and Dividend History Highlights
OTIS Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $84.40 | $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 #39 of 102 vs. its peers in the Industrial - Machinery category.