Is Otis Worldwide Corporation a good dividend stock?

Otis Worldwide Corporation (OTIS) is a dividend-paying stock with a current dividend yield of 2.35%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is OTIS's dividend yield?

The dividend yield for OTIS stock is currently 2.35%.

How much does OTIS pay in dividends per year?

Otis Worldwide Corporation pays an annual dividend of $1.7000 per share over the trailing twelve months.

How often does OTIS pay dividends?

OTIS stock pays dividends quarterly.

Is OTIS's dividend growing?

Otis Worldwide Corporation's 3-year dividend CAGR is 12%.

OTIS Stock Price, Chart, Stats & News

Otis Worldwide Corporation

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Overview Dividend safety Dividends Fundamentals

Otis Worldwide Corporation (OTIS) is a dividend-paying stock with a current dividend yield of 2.35% as of Jul 15, 2026. It pays $1.70 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 15.14% 5-year compound annual rate.

27.70B

Market cap

17.96x

Current P/E

17.39x

Forward P/E

2.35%

Dividend yield

$1.70

OTIS dividend

Dividend safety

Strong

Dividend coverage looks healthy — OTIS pays out about 42% of earnings.

See the safety analysis

OTIS chart

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Fundamentals

Gross margin	30.28%
Operating margin	14.78%
Pretax margin	13.40%
Net margin	9.59%
Effective tax rate	24.77%
ROA	12.99%
ROE	-25.98%
D/E	-1.62x
Interest coverage ratio	10.88x

All financials

OTIS valuation

P/E	17.96x
P/S	2.05x
P/B	-5.55x
P/CF	18.73x
P/FCF	20.50x
P/OCF	18.73x
PEG	6.72x
EV multiple	9.51x

About

Industrials

Sector

Industrial - Machinery

Industry

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.