OTIS
OTIS
NYSE · Machinery

Otis Worldwide Corp

$71.75
-0.73 (-1.01%)
As of Jun 23, 9:36 PM ET ·
Dividend Overview
2.40%
Dividend Yield
+1.10% vs S&P 500 avg
$1.64
Annual Dividend
Per Payment$0.41
Frequencyquarterly
Payout Ratio46.8%
Ex-Dividend
Pay Date
Stock Price$71.75
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in OTIS at $71.75/share
Monthly
$19.04
Quarterly
$57.11
Annually
$228.43
139 shares Based on current price of $71.75 per share
To earn $100/month in dividends
You would need 731 shares
$52,449.25
investment needed
Dividend Safety
Safe 46.8% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Machinery
Stock Yield Annual Div Payout Ratio Price
CAT
Caterpillar Inc.
0.66% $5.83 30.9% $984.24
DE
Deere & Co
1.10% $6.35 34.2% $591.94
PH
Parker Hannifin Corp
0.84% $6.75 24.4% $947.58
CMI
Cummins Inc
1.12% $7.66 37.1% $699.05
ITW
Illinois Tool Works
2.44% $6.13 58.2% $261.64
PCAR
Paccar Inc
1.18% $4.32 95.4% $116.78
WAB
Wabtec Corp
0.47% $1.01 14.8% $270.26
IR
Ingersoll-Rand Inc
0.10% $0.08 5.5% $76.64
DOV
Dover Corp
0.93% $2.08 25.9% $223.54
OTIS
Otis Worldwide Corp
2.40% $1.64 46.8% $71.75