Ormat Technologies, Inc. (ORA) Dividends

Ormat Technologies, Inc. (ORA): $78.87

2.21 (+2.88%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • As for free cash flow, ORA has greater average cash flow over the past 5.51 years than just 10.8% US-listed dividend payers.
  • If you care about predictable cash flow, note that ORA reports less variability in its free cash flow than only 10.76% of the dividend stocks we're tracking.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at 2.48 -- higher than 89.75% of other dividend issuers in the US.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with ORA that may be suitable potential portfolio mates: ES, EMRAF, HFFG, MLCO and CHCT.
ORA Ex-Dividend Date
ORA Dividend Yield
0.63%
ORA Annual Dividend
$0.48
ORA Payout Ratio

ORA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$78.87$19.36 -78.29%

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

Ex-Dividend Date Type Payout Amount Change
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ORA Dividends vs. Peers

ORA's dividend yield currently ranks #29 of 52 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 CRWS Crown Crafts, Inc. 4.13%
2 CIX CompX International Inc. 3.96%
3 CVR Chicago Rivet & Machine Co. 3.69%
4 TG Tredegar Corporation 3.15%
5 MYE Myers Industries, Inc. 2.62%
6 HIHO Highway Holdings Limited 2.22%
7 GLW Corning Incorporated 2.15%
8 MATW Matthews International Corporation - 2.09%
9 ITOCY ITOCHU Corporation 2.08%
10 KMT Kennametal Inc. 1.91%
11 SIEGY Siemens AG 1.85%
12 HI Hillenbrand Inc 1.70%
13 HON Honeywell International Inc. 1.64%
14 MWA MUELLER WATER PRODUCTS 1.53%
15 TEL TE Connectivity Ltd. New Switzerland Registered Shares 1.46%
16 TKR Timken Company (The) 1.42%
17 PATK Patrick Industries, Inc. 1.27%
18 KUBTY Kubota Corporation 1.26%
19 CSL Carlisle Companies Incorporated 1.22%
20 MLI Mueller Industries, Inc. 1.18%
21 KPELY Keppel Corporation Limited 1.13%
22 XYL Xylem Inc. New 1.04%
23 FELE Franklin Electric Co., Inc. 0.86%
24 WTS Watts Water Technologies, Inc. 0.78%
25 LNN Lindsay Corporation 0.78%
26 BMI Badger Meter, Inc. 0.76%
27 RXN Rexnord Corporation 0.74%
28 LFUS Littelfuse, Inc. 0.71%
29 ORA Ormat Technologies, Inc. 0.63%
30 FLOW SPX FLOW, Inc. 0.55%
31 EAF GrafTech International Ltd. 0.34%
32 WMS Advanced Drainage Systems, Inc. 0.32%
33 GE General Electric Co. 0.29%
34 DRTT DIRTT Environmental Solutions Ltd. 0.00%
35 VPG Vishay Precision Group, Inc. 0.00%
36 ASV ASV Holdings, Inc. 0.00%
37 AQUA Evoqua Water Technologies Corp. 0.00%
38 GTX Garrett Motion Inc. 0.00%
39 ASIX AdvanSix Inc. 0.00%
40 IEC IEC Electronics Corp. 0.00%
41 TPIC TPI Composites, Inc. 0.00%
42 FRRVY Ferrovial, S.A. 0.00%
43 ATASY Atlantia SpA 0.00%
44 OI Owens-Illinois, Inc. 0.00%
45 ST Sensata Technologies Holding plc Ordinary Shares 0.00%
46 CMT Core Molding Technologies Inc 0.00%
47 MEC Mayville Engineering Company, Inc. 0.00%
48 CCDBF CCL Industries Inc. 0.00%
49 JEHLY Johnson Electric Holdings Limited 0.00%
50 ZEST Ecoark Holdings, Inc. 0.00%
51 LLESY Lendlease Group 0.00%
52 BOUYY Bouygues SA 0.00%

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


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