Otis Worldwide Corp. (OTIS) Dividends

Otis Worldwide Corp. (OTIS): $75.49

1.62 (+2.19%)

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
1.57%
OTIS Annual Dividend
$1.16
OTIS Payout Ratio

OTIS Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$75.49$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 #32 of 102 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 CYD China Yuchai International Limited 16.59%
2 MMM 3M Company 4.13%
3 POWL Powell Industries, Inc. 4.09%
4 LXFR Luxfer Holdings PLC Ordinary Shares 3.23%
5 CMI Cummins Inc. 2.92%
6 AMDLY Amada Co. Ltd. ADR 2.91%
7 KNYJY KONE Oyj 2.88%
8 GEAGY GEA Group Aktiengesellschaft 2.74%
9 FLS Flowserve Corporation 2.63%
10 IMIAY IMI plc 2.45%
11 ITW Illinois Tool Works Inc. 2.41%
12 ETN Eaton Corp. PLC 2.37%
13 GRC Gorman-Rupp Co. 2.37%
14 THKLY THK CO., LTD. 2.32%
15 KMTUY Komatsu Ltd. 2.27%
16 ROK Rockwell Automation Inc. 2.21%
17 CAT Caterpillar, Inc. 2.17%
18 HON Honeywell International Inc. 2.07%
19 CR Crane Co. 2.07%
20 KIGRY KION GROUP AG 2.07%
21 TTNDY Techtronic Industries Co Ltd ("TTI") 1.95%
22 SDVKY Sandvik AB 1.93%
23 AOS A.O. Smith Corporation 1.92%
24 FANUY Fanuc Corporation 1.90%
25 SOHVY Sumitomo Heavy Industries, Ltd. 1.90%
26 LII Lennox International, Inc. 1.80%
27 ALFVY Alfa Laval AB 1.78%
28 ABB ABB Ltd 1.76%
29 DCI Donaldson Company, Inc. 1.76%
30 LECO Lincoln Electric Holdings, Inc. 1.71%
31 TNC Tennant Company 1.65%
32 OTIS Otis Worldwide Corp. 1.57%
33 AZZ AZZ Inc. 1.55%
34 DOV Dover Corp. 1.53%
35 ITT ITT Inc. 1.52%
36 SMGZY Smiths Group PLC 1.40%
37 GGG Graco Inc. 1.38%
38 WEGRY The Weir Group PLC 1.36%
39 KWHIY Kawasaki Heavy Industries, Ltd. 1.35%
40 IEX IDEX Corporation 1.29%
41 DE Deere & Co. 1.25%
42 JPSWY The Japan Steel Works, Ltd. 1.19%
43 RRX Regal Rexnord Corp. 1.08%
44 ASTE Astec Industries, Inc. 1.07%
45 NDSN Nordson Corporation 0.99%
46 CMCO Columbus McKinnon Corporation 0.85%
47 AME AMETEK Inc. 0.74%
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56 EPAC Enerpac Tool Group Corp. 0.20%
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58 IR Ingersoll Rand Inc. 0.18%
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%
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66 PACK Ranpak Holdings Corp. 0.00%
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