Ormat Technologies, Inc. (ORA) Dividends
Dividend Yield and Dividend History Highlights
- ORA's average cash flow over the past 5.51 years is greater than merely 11.35% of current dividend paying stocks in the US.
- If you care about predictable cash flow, note that ORA reports less variability in its free cash flow than merely 7.48999999999999% of the dividend stocks we're tracking.
- As for its free cash flow/dividend ratio, ORA's comes in at 2.1 -- better than 90.81% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with ORA's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: AEP, MBT, GHG, PLD and FDS.
ORA Price Forecast Based on Dividend Discount Model
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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 78.29% relative to its current price. Digging deeper, the aspects of Ormat Technologies Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Ormat Technologies Inc's dividend yield of 0.49% is in the bottom 6.33%.
- In comparison to other US listed dividend yielding stocks in the Utilities sector, the expected return of -78.29%, based on the stock's current share price and target price based on a dividend discount model, is greater than merely 1.41% of the DDM-forecasted return of its its sector peers.
- ORA's annual revenue of 718 million US dollars puts it in the small-sized revenue class; relative to suck stocks, it has a discount rate lower than 11.51% of dividend issuing stocks in its revenue class.
- Compared to all dividend issuing stocks in our set, Ormat Technologies Inc bears a discount rate, according to our calculations, lower than merely 1.41% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
ORA Dividend Chart
ORA Dividend History
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