Ormat Technologies, Inc. (ORA) Dividends

Ormat Technologies, Inc. (ORA): $72.35

1.45 (+2.05%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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
0.66%
ORA Annual Dividend
$0.48
ORA Payout Ratio

ORA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$72.35$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
2024-05-21Dividend$0.12--
2024-03-05Dividend$0.12--
2023-11-21Dividend$0.12--
2023-08-15Dividend$0.12--
2023-05-22Dividend$0.12--
2023-03-07Dividend$0.12--
2022-11-15Dividend$0.12--
2022-08-16Dividend$0.12--
2022-05-13Dividend$0.12--
2022-03-08Dividend$0.12--
2021-11-16Dividend$0.12--
2021-08-17Dividend$0.12--
2021-05-17Dividend$0.12--
2021-03-10Dividend$0.12+9.09%
2020-11-17Dividend$0.11--
2020-08-17Dividend$0.11--
2020-05-20Dividend$0.11--
2020-03-11Dividend$0.11--
2019-11-19Dividend$0.11--
2019-08-19Dividend$0.11--
2019-05-17Dividend$0.11--
2019-03-13Dividend$0.11+10.00%
2018-11-19Dividend$0.10--
2018-08-20Dividend$0.10--
2018-05-18Dividend$0.10-56.52%
2018-03-13Dividend$0.23+187.50%
2017-11-20Dividend$0.08--
2017-08-11Dividend$0.08--
2017-05-18Dividend$0.08-52.94%
2017-03-13Dividend$0.17+142.86%
2016-11-17Dividend$0.07--
2016-08-12Dividend$0.07--
2016-05-16Dividend$0.07-77.42%
2016-03-11Dividend$0.31+416.67%
2015-11-16Dividend$0.06--
2015-08-14Dividend$0.06--
2015-05-15Dividend$0.06-25.00%
2015-03-12Dividend$0.08+60.00%
2014-11-18Dividend$0.05--
2014-08-15Dividend$0.05--
2014-05-19Dividend$0.05-16.67%
2014-03-11Dividend$0.06+50.00%
2013-11-18Dividend$0.04--
2013-08-15Dividend$0.04--
2012-08-10Dividend$0.04--
2012-05-17Dividend$0.04--
2011-08-12Dividend$0.04--
2011-05-16Dividend$0.04-20.00%
2011-03-11Dividend$0.05--
2010-11-15Dividend$0.05--
2010-08-13Dividend$0.05--
2010-05-14Dividend$0.05-58.33%
2010-03-12Dividend$0.12+100.00%
2009-11-16Dividend$0.06--
2009-08-14Dividend$0.06--
2009-05-18Dividend$0.06-14.29%
2009-03-12Dividend$0.07+40.00%
2008-11-17Dividend$0.05--
2008-08-15Dividend$0.05--
2008-05-16Dividend$0.05--
2008-03-12Dividend$0.05--
2007-11-26Dividend$0.05--
2007-08-20Dividend$0.05--
2007-05-18Dividend$0.05-28.57%
2007-03-19Dividend$0.07+75.00%
2006-11-28Dividend$0.04--
2006-08-21Dividend$0.04--
2006-05-19Dividend$0.04+33.33%
2006-03-24Dividend$0.03--
2005-11-25Dividend$0.03--
2005-08-18Dividend$0.03--
2005-05-19Dividend$0.03--
2005-03-31Dividend$0.03--


ORA Dividends vs. Peers

ORA's dividend yield currently ranks #32 of 48 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 CVR Chicago Rivet & Machine Co. 0.00%
2 DRTT DIRTT Environmental Solutions Ltd. 0.00%
3 VPG Vishay Precision Group, Inc. 0.00%
4 ASV ASV Holdings, Inc. 0.00%
5 TEL TE Connectivity Ltd. 0.00%
6 AQUA Evoqua Water Technologies Corp. 0.00%
7 TG Tredegar Corporation 0.00%
8 CCDBF CCL Industries Inc. 0.00%
9 EAF GrafTech International Ltd. 0.00%
10 HI Hillenbrand Inc 0.00%
11 TKR Timken Company (The) 0.00%
12 MLI Mueller Industries, Inc. 0.00%
13 MATW Matthews International Corporation - 0.00%
14 WMS Advanced Drainage Systems, Inc. 0.00%
15 CRWS Crown Crafts, Inc. 0.00%
16 BMI Badger Meter, Inc. 0.00%
17 KMT Kennametal Inc. 0.00%
18 ITOCY Itochu Corp. ADR 0.00%
19 WTS Watts Water Technologies, Inc. 0.00%
20 IEC IEC Electronics Corp. 0.00%
21 JEHLY Johnson Electric Holdings Limited 0.00%
22 ZEST Ecoark Holdings, Inc. 0.00%
23 TPIC TPI Composites, Inc. 0.00%
24 FRRVY Ferrovial S.A. ADR 0.00%
25 ATASY Atlantia S.p.A. ADR 0.00%
26 GE General Electric Co. 0.00%
27 XYL Xylem Inc. 0.00%
28 CSL Carlisle Companies Incorporated 0.00%
29 LLESY Lendlease Group 0.00%
30 ST Sensata Technologies Holding plc Ordinary Shares 0.00%
31 MWA MUELLER WATER PRODUCTS 0.00%
32 ORA Ormat Technologies, Inc. 0.00%
33 FELE Franklin Electric Co., Inc. 0.00%
34 MYE Myers Industries, Inc. 0.00%
35 PATK Patrick Industries, Inc. 0.00%
36 LNN Lindsay Corporation 0.00%
37 KPELY Keppel Corporation Limited 0.00%
38 GLW Corning Inc. 0.00%
39 CIX CompX International Inc. 0.00%
40 KUBTY Kubota Corp. ADR 0.00%
41 HIHO Highway Holdings Limited 0.00%
42 CMT Core Molding Technologies Inc 0.00%
43 SIEGY Siemens AG 0.00%
44 LFUS Littelfuse, Inc. 0.00%
45 FLOW SPX FLOW, Inc. 0.00%
46 BOUYY Bouygues SA 0.00%
47 RXN Rexnord Corporation 0.00%
48 MEC Mayville Engineering Company, Inc. 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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