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Otis Worldwide (BSP:O1TI34) 5-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Otis Worldwide 5-Year Dividend Growth Rate?

Otis Worldwide's Dividends per Share for the three months ended in Dec. 2023 was R$0.12.

During the past 12 months, Otis Worldwide's average Dividends Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Otis Worldwide was 29.70% per year. The lowest was 29.70% per year. And the median was 29.70% per year.

Otis Worldwide's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.28. As of today, Otis Worldwide's Dividend Yield % is 1.08%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Otis Worldwide's 5-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Otis Worldwide's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Otis Worldwide's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Otis Worldwide's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's 5-Year Dividend Growth Rate falls into.



Otis Worldwide 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Otis Worldwide  (BSP:O1TI34) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Otis Worldwide's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.117/ 0.426
=0.27

During the past 7 years, the highest Dividend Payout Ratio of Otis Worldwide was 0.38. The lowest was 0.29. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Otis Worldwide Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.1182024-02-152024-02-142024-03-14Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.1182023-11-162023-11-142023-12-14Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.1172023-08-172023-08-162023-09-14Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.1662023-05-182023-05-172023-06-15Cash DividendquarterlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Otis Worldwide's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.519/48.30
=1.07 %

Current Share Price is R$48.30.
Otis Worldwide's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$0.519.

During the past 7 years, the highest Dividend Yield of Otis Worldwide was 1.66%. The lowest was 0.31%. And the median was 1.28%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Otis Worldwide 5-Year Dividend Growth Rate Related Terms

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Otis Worldwide (BSP:O1TI34) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
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.

Otis Worldwide (BSP:O1TI34) Headlines

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