Ormat Technologies, Inc. (ORA) Dividends

Ormat Technologies, Inc. (ORA): $76.57

0.71 (+0.94%)

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
0.63%
ORA Annual Dividend
$0.48
ORA Payout Ratio

ORA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$76.57$9.23 -87.68%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for ORA, the DDM model generated by StockNews estimates a return of negative 87.68% in comparison to its current price. To help understand and contextualize the model's evaluation of ORA, investors may wish to consider are:

  • In comparison to other stocks in the Utilities sector, ORA provides shareholders with a dividend yield greater than merely 0% such stocks.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Utilities sector, the expected return of -87.68%, based on the stock's current share price and target price based on a dividend discount model, is greater than merely 0% 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 merely 0% 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 2.78% of other equities in the Utilities sector that also issue dividends.

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 #27 of 51 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 HIHO Highway Holdings Limited 6.61%
2 KPELY Keppel Corporation Limited 4.60%
3 CRWS Crown Crafts, Inc. 4.49%
4 TG Tredegar Corporation 3.95%
5 CIX CompX International Inc. 3.63%
6 CVR Chicago Rivet & Machine Co. 3.42%
7 MYE Myers Industries, Inc. 2.82%
8 GLW Corning Incorporated 2.52%
9 MATW Matthews International Corporation - 2.39%
10 KMT Kennametal Inc. 2.18%
11 ITOCY ITOCHU Corporation 2.10%
12 SIEGY Siemens AG 1.80%
13 HON Honeywell International Inc. 1.79%
14 HI Hillenbrand Inc 1.70%
15 PATK Patrick Industries, Inc. 1.70%
16 MWA MUELLER WATER PRODUCTS 1.68%
17 TKR Timken Company (The) 1.62%
18 KUBTY Kubota Corporation 1.36%
19 TEL TE Connectivity Ltd. 1.25%
20 XYL Xylem Inc. New 0.98%
21 LNN Lindsay Corporation 0.94%
22 MLI Mueller Industries, Inc. 0.90%
23 CSL Carlisle Companies Incorporated 0.89%
24 BMI Badger Meter, Inc. 0.83%
25 FELE Franklin Electric Co., Inc. 0.77%
26 LFUS Littelfuse, Inc. 0.70%
27 ORA Ormat Technologies, Inc. 0.63%
28 WTS Watts Water Technologies, Inc. 0.55%
29 RXN Rexnord Corporation 0.55%
30 FLOW SPX FLOW, Inc. 0.42%
31 WMS Advanced Drainage Systems, Inc. 0.35%
32 EAF GrafTech International Ltd. 0.34%
33 GE General Electric Co. 0.31%
34 ASIX AdvanSix Inc. 0.29%
35 DRTT DIRTT Environmental Solutions Ltd. 0.00%
36 VPG Vishay Precision Group, Inc. 0.00%
37 ASV ASV Holdings, Inc. 0.00%
38 AQUA Evoqua Water Technologies Corp. 0.00%
39 GTX Garrett Motion Inc. 0.00%
40 IEC IEC Electronics Corp. 0.00%
41 ZEST Ecoark Holdings, Inc. 0.00%
42 TPIC TPI Composites, Inc. 0.00%
43 FRRVY Ferrovial, S.A. 0.00%
44 ATASY Atlantia SpA 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 LLESY Lendlease Group 0.00%
51 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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