Ormat Technologies, Inc. (ORA) Dividends

Ormat Technologies, Inc. (ORA): $80.07

1.72 (+2.20%)

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
0.60%
ORA Annual Dividend
$0.48
ORA Payout Ratio

ORA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$80.07$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 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 48 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 HIHO Highway Holdings Limited 8.85%
2 KPELY Keppel Corporation Limited 6.56%
3 CRWS Crown Crafts, Inc. 5.11%
4 TG Tredegar Corporation 4.80%
5 CIX CompX International Inc. 4.31%
6 KMT Kennametal Inc. 3.44%
7 GLW Corning Inc. 3.43%
8 SIEGY Siemens AG 3.27%
9 CVR Chicago Rivet & Machine Co. 3.09%
10 MATW Matthews International Corporation - 3.07%
11 ITOCY Itochu Corp. ADR 2.75%
12 PATK Patrick Industries, Inc. 2.55%
13 MYE Myers Industries, Inc. 2.38%
14 TKR Timken Company (The) 2.34%
15 ATASY Atlantia SpA 2.23%
16 HI Hillenbrand Inc 2.12%
17 TEL TE Connectivity Ltd. 1.98%
18 KUBTY Kubota Corporation 1.97%
19 MWA MUELLER WATER PRODUCTS 1.96%
20 MLI Mueller Industries, Inc. 1.88%
21 XYL Xylem Inc. 1.53%
22 ST Sensata Technologies Holding plc Ordinary Shares 1.07%
23 FELE Franklin Electric Co., Inc. 1.06%
24 BMI Badger Meter, Inc. 0.99%
25 LNN Lindsay Corporation 0.99%
26 WTS Watts Water Technologies, Inc. 0.98%
27 CSL Carlisle Companies Incorporated 0.91%
28 LFUS Littelfuse, Inc. 0.83%
29 ORA Ormat Technologies, Inc. 0.61%
30 EAF GrafTech International Ltd. 0.57%
31 RXN Rexnord Corporation 0.55%
32 WMS Advanced Drainage Systems, Inc. 0.53%
33 GE General Electric Co. 0.50%
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 IEC IEC Electronics Corp. 0.00%
39 ZEST Ecoark Holdings, Inc. 0.00%
40 TPIC TPI Composites, Inc. 0.00%
41 FRRVY Ferrovial, S.A. 0.00%
42 CMT Core Molding Technologies Inc 0.00%
43 FLOW SPX FLOW, Inc. 0.00%
44 MEC Mayville Engineering Company, Inc. 0.00%
45 CCDBF CCL Industries Inc. 0.00%
46 JEHLY Johnson Electric Holdings Limited 0.00%
47 LLESY Lendlease Group 0.00%
48 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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