Ormat Technologies, Inc. (ORA) Dividends

Ormat Technologies, Inc. (ORA): $69.60

1.18 (+1.72%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
ORA Dividend Yield
0.70%
ORA Annual Dividend
$0.48
ORA Payout Ratio

ORA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$69.60$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 #28 of 52 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 CRWS Crown Crafts, Inc. 4.35%
2 CIX CompX International Inc. 3.97%
3 TG Tredegar Corporation 3.72%
4 CVR Chicago Rivet & Machine Co. 3.27%
5 KPELY Keppel Corporation Limited 2.69%
6 MATW Matthews International Corporation - 2.59%
7 MYE Myers Industries, Inc. 2.51%
8 GLW Corning Incorporated 2.34%
9 KMT Kennametal Inc. 2.27%
10 HIHO Highway Holdings Limited 2.23%
11 ITOCY ITOCHU Corporation 2.11%
12 SIEGY Siemens AG 1.95%
13 HI Hillenbrand Inc 1.92%
14 HON Honeywell International Inc. 1.62%
15 TKR Timken Company (The) 1.55%
16 MWA MUELLER WATER PRODUCTS 1.48%
17 TEL TE Connectivity Ltd. New Switzerland Registered Shares 1.44%
18 PATK Patrick Industries, Inc. 1.42%
19 KUBTY Kubota Corporation 1.37%
20 MLI Mueller Industries, Inc. 1.20%
21 CSL Carlisle Companies Incorporated 1.05%
22 XYL Xylem Inc. New 0.90%
23 FELE Franklin Electric Co., Inc. 0.85%
24 LNN Lindsay Corporation 0.83%
25 LFUS Littelfuse, Inc. 0.76%
26 BMI Badger Meter, Inc. 0.72%
27 WTS Watts Water Technologies, Inc. 0.71%
28 ORA Ormat Technologies, Inc. 0.70%
29 RXN Rexnord Corporation 0.68%
30 FLOW SPX FLOW, Inc. 0.44%
31 EAF GrafTech International Ltd. 0.36%
32 WMS Advanced Drainage Systems, Inc. 0.36%
33 GE General Electric Co. 0.31%
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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