Otis Worldwide Corp vs Verisign, Inc. — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Verisign, Inc. trades at $262.86 (market cap $24.22B). The key difference: Otis Worldwide Corp and Verisign, Inc. are close in size by market cap, and Otis Worldwide Corp pays the higher dividend (2.36%). Which is the better fit depends on your goals.
| OTIS | VRSN | |
|---|---|---|
Market Cap | $27.61B | $24.22B |
Sector | Industrials | Technology |
52-Week High | $100.99 | $310.00 |
52-Week Low | $69.34 | $211.49 |
Enterprise Value | $34.99B | $25.46B |
Dividend Yield | 2.36% | 1.22% |
Trailing returns across standard periods
Latest headlines on both assets
Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. 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 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical Internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Read more on VRSN →