Ormat Technologies, Inc. (ORA) Dividends
Dividend Yield and Dividend History Highlights
- ORA's average cash flow over the past 5.5 years is greater than 9.91% of current dividend paying stocks in the US.
- As for its free cash flow/dividend ratio, ORA's comes in at 3.14 -- better than 92.44% of other US-listed dividend issuers.
- Currently, ORA generates more cash flow over the 12 months prior than 9.04% of US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ORA's price: NX, FHB, WSFS, LCUT and YRD.
ORA Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $78.71 | $16.59 | -78.92% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for ORA, the DDM model, as implemented by StockNews, implies a negative return of 78.92% relative to its current price. Digging deeper, the aspects of Ormat Technologies Inc's dividend discount model that we found most interesting were:
- As for its position relative to other Utilities stocks that issue dividends, ORA provides shareholders with a dividend yield greater than only 0% such stocks.
- In comparison to other US listed dividend yielding stocks in the Utilities sector, the expected return of -78.92%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 1.37% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, Ormat Technologies Inc bears a discount rate, according to our calculations, lower than only 1.37% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for ORA than it is for 2.74% of other equities in the Utilities sector that also issue dividends.
ORA Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-20 | Dividend | $0.12 | -- |
| 2024-05-21 | Dividend | $0.12 | -- |
| 2024-03-05 | Dividend | $0.12 | -- |
| 2023-11-21 | Dividend | $0.12 | -- |
| 2023-08-15 | Dividend | $0.12 | -- |
| 2023-05-22 | Dividend | $0.12 | -- |
| 2023-03-07 | Dividend | $0.12 | -- |
| 2022-11-15 | Dividend | $0.12 | -- |
| 2022-08-16 | Dividend | $0.12 | -- |
| 2022-05-13 | Dividend | $0.12 | -- |
| 2022-03-08 | Dividend | $0.12 | -- |
| 2021-11-16 | Dividend | $0.12 | -- |
| 2021-08-17 | Dividend | $0.12 | -- |
| 2021-05-17 | Dividend | $0.12 | -- |
| 2021-03-10 | Dividend | $0.12 | +9.09% |
| 2020-11-17 | Dividend | $0.11 | -- |
| 2020-08-17 | Dividend | $0.11 | -- |
| 2020-05-20 | Dividend | $0.11 | -- |
| 2020-03-11 | Dividend | $0.11 | -- |
| 2019-11-19 | Dividend | $0.11 | -- |
| 2019-08-19 | Dividend | $0.11 | -- |
| 2019-05-17 | Dividend | $0.11 | -- |
| 2019-03-13 | Dividend | $0.11 | +10.00% |
| 2018-11-19 | Dividend | $0.10 | -- |
| 2018-08-20 | Dividend | $0.10 | -- |
| 2018-05-18 | Dividend | $0.10 | -56.52% |
| 2018-03-13 | Dividend | $0.23 | +187.50% |
| 2017-11-20 | Dividend | $0.08 | -- |
| 2017-08-11 | Dividend | $0.08 | -- |
| 2017-05-18 | Dividend | $0.08 | -52.94% |
| 2017-03-13 | Dividend | $0.17 | +142.86% |
| 2016-11-17 | Dividend | $0.07 | -- |
| 2016-08-12 | Dividend | $0.07 | -- |
| 2016-05-16 | Dividend | $0.07 | -77.42% |
| 2016-03-11 | Dividend | $0.31 | +416.67% |
| 2015-11-16 | Dividend | $0.06 | -- |
| 2015-08-14 | Dividend | $0.06 | -- |
| 2015-05-15 | Dividend | $0.06 | -25.00% |
| 2015-03-12 | Dividend | $0.08 | +60.00% |
| 2014-11-18 | Dividend | $0.05 | -- |
| 2014-08-15 | Dividend | $0.05 | -- |
| 2014-05-19 | Dividend | $0.05 | -16.67% |
| 2014-03-11 | Dividend | $0.06 | +50.00% |
| 2013-11-18 | Dividend | $0.04 | -- |
| 2013-08-15 | Dividend | $0.04 | -- |
| 2012-08-10 | Dividend | $0.04 | -- |
| 2012-05-17 | Dividend | $0.04 | -- |
| 2011-08-12 | Dividend | $0.04 | -- |
| 2011-05-16 | Dividend | $0.04 | -20.00% |
| 2011-03-11 | Dividend | $0.05 | -- |
| 2010-11-15 | Dividend | $0.05 | -- |
| 2010-08-13 | Dividend | $0.05 | -- |
| 2010-05-14 | Dividend | $0.05 | -58.33% |
| 2010-03-12 | Dividend | $0.12 | +100.00% |
| 2009-11-16 | Dividend | $0.06 | -- |
| 2009-08-14 | Dividend | $0.06 | -- |
| 2009-05-18 | Dividend | $0.06 | -14.29% |
| 2009-03-12 | Dividend | $0.07 | +40.00% |
| 2008-11-17 | Dividend | $0.05 | -- |
| 2008-08-15 | Dividend | $0.05 | -- |
| 2008-05-16 | Dividend | $0.05 | -- |
| 2008-03-12 | Dividend | $0.05 | -- |
| 2007-11-26 | Dividend | $0.05 | -- |
| 2007-08-20 | Dividend | $0.05 | -- |
| 2007-05-18 | Dividend | $0.05 | -28.57% |
| 2007-03-19 | Dividend | $0.07 | +75.00% |
| 2006-11-28 | Dividend | $0.04 | -- |
| 2006-08-21 | Dividend | $0.04 | -- |
| 2006-05-19 | Dividend | $0.04 | +33.33% |
| 2006-03-24 | Dividend | $0.03 | -- |
| 2005-11-25 | Dividend | $0.03 | -- |
| 2005-08-18 | Dividend | $0.03 | -- |
| 2005-05-19 | Dividend | $0.03 | -- |
| 2005-03-31 | Dividend | $0.03 | -- |
ORA Dividends vs. Peers
ORA's dividend yield currently ranks #32 of 48 vs. its peers in the Industrial - Manufacturing category.
Looking for More Information on ORA dividends?
Here are a few links from around the web to help you further your research on Ormat Technologies Inc and its dividends:Ormat Technologies Inc Common Stock (ORA) Dividend History | Nasdaq
Dividend History for Ormat Technologies Inc (ORA) - Dividend Investor
Ormat Technologies Inc (ORA) Dividend History - Seeking Alpha