Otis Worldwide (OTIS) Dividend Capture: 0.48% per event (2.2% annualized)
OTIS
Otis Worldwide (OTIS) has touched its pre-ex close within 30 trading days in 100% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.21), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, OTIS sits roughly in line with the Industrials sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next confirmed ex-dividend date is May 15, 2026, with an expected dividend of $0.44.
- Touch rate (30d)
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.21in line with sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 100%+5pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.21in line with sector
- Avg gap on ex-date
- -0.52%-0.17pp vs sector
- Win rate at MOC exit
- 55%
- Median drawdown during hold
- -2.59%+1.37pp vs sector
- Best / worst touch (days)
- 1 / 7
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.44
- Per-event yield
- 0.48%
- Annualized yield
- 2.25%
- Previously paid
- Feb 13, 2026 ($0.42)
- Last record date
- Feb 13, 2026
- Last payment date
- Mar 13, 2026
How OTIS ranks in Industrials
Compared with other stocks in this sector that pass our capture-quality filter (87 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#1of 87
Beats ~99% of peers on this metric
- Median days to touch#1of 87
Beats ~99% of peers on this metric
- Signal-to-noise#33of 87
Beats ~62% of peers on this metric
OTIS Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Otis Worldwide (OTIS). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.42 | -0.64% | $91.75 | 1 | yes | yes | -3.45% | -0.85% | |
| Q4 | $0.42 | 0.02% | $90.59 | 1 | yes | yes | -4.88% | -2.33% | |
| Q3 | $0.42 | -0.14% | $87.54 | 1 | yes | yes | -1.55% | +1.67% | |
| Q2 | $0.42 | -0.01% | $97.86 | 1 | yes | yes | -3.46% | -0.67% | |
| Q1 | $0.39 | -0.05% | $98.02 | 1 | yes | yes | -1.47% | +1.07% | |
| Q4 | $0.39 | -0.36% | $99.72 | 1 | yes | yes | -1.05% | +1.88% | |
| Q3 | $0.39 | -0.84% | $93.21 | 1 | yes | yes | -1.42% | +1.48% | |
| Q2 | $0.39 | -0.49% | $97.27 | 4 | yes | yes | -3.17% | +0.26% | |
| Q1 | $0.34 | 0.59% | $90.83 | 1 | yes | yes | -0.36% | +3.34% | |
| Q4 | $0.34 | -0.43% | $83.60 | 1 | yes | yes | -0.47% | +2.13% | |
| Q3 | $0.34 | 0.12% | $85.27 | 1 | yes | yes | -3.01% | -2.45% | |
| Q2 | $0.34 | -0.19% | $83.75 | 1 | yes | yes | -5.64% | -2.36% | |
| Q1 | $0.29 | -1.32% | $84.57 | 2 | yes | yes | -2.18% | -0.77% | |
| Q4 | $0.29 | -1.79% | $78.40 | 2 | yes | yes | -3.67% | +0.71% | |
| Q3 | $0.29 | -0.05% | $80.58 | 1 | yes | yes | -10.86% | -2.62% | |
| Q2 | $0.29 | -1.32% | $72.21 | 1 | yes | yes | -1.38% | +4.38% | |
| Q1 | $0.24 | -1.06% | $78.87 | 7 | no | yes | -7.32% | -0.15% | |
| Q4 | $0.24 | -0.91% | $85.57 | 1 | yes | yes | -6.33% | -2.50% | |
| Q3 | $0.24 | -1.03% | $90.50 | 1 | yes | yes | -1.31% | +1.71% | |
| Q2 | $0.24 | -0.45% | $77.47 | 1 | yes | yes | -0.79% | +1.91% |
Q1
- Dividend
- $0.42
- Gap %
- -0.64%
- Pre-ex close
- $91.75
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.45%
- P&L 5d %
- -0.85%
Q4
- Dividend
- $0.42
- Gap %
- 0.02%
- Pre-ex close
- $90.59
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.88%
- P&L 5d %
- -2.33%
Q3
- Dividend
- $0.42
- Gap %
- -0.14%
- Pre-ex close
- $87.54
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.55%
- P&L 5d %
- +1.67%
Q2
- Dividend
- $0.42
- Gap %
- -0.01%
- Pre-ex close
- $97.86
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.46%
- P&L 5d %
- -0.67%
Q1
- Dividend
- $0.39
- Gap %
- -0.05%
- Pre-ex close
- $98.02
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.47%
- P&L 5d %
- +1.07%
Q4
- Dividend
- $0.39
- Gap %
- -0.36%
- Pre-ex close
- $99.72
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.05%
- P&L 5d %
- +1.88%
Q3
- Dividend
- $0.39
- Gap %
- -0.84%
- Pre-ex close
- $93.21
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.42%
- P&L 5d %
- +1.48%
Q2
- Dividend
- $0.39
- Gap %
- -0.49%
- Pre-ex close
- $97.27
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.17%
- P&L 5d %
- +0.26%
Q1
- Dividend
- $0.34
- Gap %
- 0.59%
- Pre-ex close
- $90.83
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.36%
- P&L 5d %
- +3.34%
Q4
- Dividend
- $0.34
- Gap %
- -0.43%
- Pre-ex close
- $83.60
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.47%
- P&L 5d %
- +2.13%
Q3
- Dividend
- $0.34
- Gap %
- 0.12%
- Pre-ex close
- $85.27
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.01%
- P&L 5d %
- -2.45%
Q2
- Dividend
- $0.34
- Gap %
- -0.19%
- Pre-ex close
- $83.75
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.64%
- P&L 5d %
- -2.36%
Q1
- Dividend
- $0.29
- Gap %
- -1.32%
- Pre-ex close
- $84.57
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.18%
- P&L 5d %
- -0.77%
Q4
- Dividend
- $0.29
- Gap %
- -1.79%
- Pre-ex close
- $78.40
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.67%
- P&L 5d %
- +0.71%
Q3
- Dividend
- $0.29
- Gap %
- -0.05%
- Pre-ex close
- $80.58
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -10.86%
- P&L 5d %
- -2.62%
Q2
- Dividend
- $0.29
- Gap %
- -1.32%
- Pre-ex close
- $72.21
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.38%
- P&L 5d %
- +4.38%
Q1
- Dividend
- $0.24
- Gap %
- -1.06%
- Pre-ex close
- $78.87
- High touch (td)
- 7
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -7.32%
- P&L 5d %
- -0.15%
Q4
- Dividend
- $0.24
- Gap %
- -0.91%
- Pre-ex close
- $85.57
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.33%
- P&L 5d %
- -2.50%
Q3
- Dividend
- $0.24
- Gap %
- -1.03%
- Pre-ex close
- $90.50
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.31%
- P&L 5d %
- +1.71%
Q2
- Dividend
- $0.24
- Gap %
- -0.45%
- Pre-ex close
- $77.47
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.79%
- P&L 5d %
- +1.91%
OTIS Pre-Ex Touch Time Distribution
- ≤ 1 day1680%
- 2–3 days210%
- 4–5 days15%
- 6–10 days15%
- 11–30 days00%
- 30+00%
80% within 1d · 95% within 5d · 100% within 30d
OTIS Dividend Capture Calculator — After-Tax Yield
Pre-filled with OTIS's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.
- Gross dividend
- $88.00
- After-tax dividend
- $57.20
- Slippage round-trip
- -$18.35
- Net if price returns to pre-ex
- +$38.85
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.21%
- Annual if all succeed
- ~10.7%
OTIS Dividend Capture Backtest Simulator
Replay every historical OTIS ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · OTIS (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| +0.31% | |
| +0.27% | |
| +0.28% | |
| -0.15% | |
| +0.40% | |
| +0.36% | |
| +0.37% | |
| +0.34% | |
| +0.41% | |
| +0.40% | |
| +0.41% | |
| +0.37% | |
| +0.40% | |
| +0.42% | |
| +0.39% | |
| +0.40% | |
| +0.43% | |
| +0.48% | |
| +0.46% | |
| +0.46% |
Looking for full price seasonality? See OTIS seasonality →
Frequently asked questions
What is the dividend capture success rate for OTIS?
Across the last 20 ex-dividend events for Otis Worldwide (OTIS), the post-ex intraday high reached the pre-ex close within 30 trading days in 100% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.
How long does it take OTIS to recover its dividend gap?
Historically, OTIS touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 7 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.
Is the dividend on OTIS large enough to capture?
OTIS has a signal-to-noise ratio of 0.21 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.
When is the next ex-dividend date for OTIS?
The next ex-dividend date for Otis Worldwide (OTIS) is May 15, 2026, confirmed (declared by the company).
How does OTIS compare to its sector for dividend capture?
Within Industrials, the median 30-day pre-ex touch rate is 95%. OTIS sits at 100% — above the sector benchmark.
Why does OTIS dividend capture measure recovery via intraday high, not close?
A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".
How are dividend capture trades taxed in the US?
Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.
What are the main risks of a dividend capture strategy?
Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.