OTIS is Otis Worldwide Corporation (Industrials). Trading at $73.04. Current dividend yield: 2.38%.
Dividend snapshot
| Annual dividend rate | $1.76 |
| Current yield | 2.38% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Aug 14, 2026(in 2 days) |
| Most recent payment date | Jun 12, 2026 |
| Last payment amount | $0.4400 |
| 5-year dividend CAGR | 22.42% |
| 3-year dividend CAGR | 14.13% |
| Payout ratio | 44% |
| Market cap | $28.17B |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-14 | $0.4400 |
| 2026-05-15 | $0.4400 |
| 2026-02-13 | $0.4200 |
| 2025-11-14 | $0.4200 |
| 2025-08-15 | $0.4200 |
| 2025-05-16 | $0.4200 |
| 2025-02-14 | $0.3900 |
| 2024-11-15 | $0.3900 |
About OTIS
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
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Frequently asked
What is OTIS's dividend yield?
OTIS (Otis Worldwide Corporation) currently has a dividend yield of 2.38%, which works out to about $1.76 in annual dividend payments per share.
When is OTIS's next ex-dividend date?
OTIS's next ex-dividend date is Aug 14, 2026 (in 2 days). To receive the upcoming dividend, you must own shares before this date.
When did OTIS last pay a dividend?
OTIS's most recent dividend payment date was Jun 12, 2026.
How often does OTIS pay dividends?
OTIS pays dividends on a quarterly schedule.
How fast is OTIS growing its dividend?
OTIS has been growing its dividend at a 14.13% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track OTIS in DiviDrip
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Data refreshed 2026-08-12. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.