OTIS Dividend Calculator
Calculate how much dividend income Otis Worldwide Corporation (OTIS) could generate with reinvestment. Pre-loaded with OTIS's current 2.42% yield and 12.4% dividend growth rate.
Dividend Yield: 2.42%
Annual Dividend: $1.72 per share
Share Price: $71.21
Payout Ratio: 43.4%
OTIS DRIP Calculator
Model OTIS dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 12.4% per year
Frequently Asked Questions
- What is OTIS's current dividend yield?
- OTIS (Otis Worldwide Corporation) currently has a dividend yield of 2.42%. This means for every $10,000 invested, you would receive approximately $242 per year in dividend income before taxes.
- How much OTIS do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from OTIS at its current yield of 2.42%, you would need approximately $495,868 invested. With dividend reinvestment and growth, you may need less over time.
- Does OTIS pay monthly dividends?
- No, OTIS pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is OTIS's dividend safe?
- OTIS's payout ratio is 43.4%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is OTIS's dividend growth rate?
- OTIS's 5-year dividend compound annual growth rate (CAGR) is approximately 12.4% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the OTIS dividend page.