Ormat Technologies's latest quarterly dividend of $0.12 per share was on Aug 16, 2022 (ex-date). The annualized dividend distribution of $0.48 per share represents a current dividend yield of 0.56%.
ORA has a dividend yield of 0.56% which is lower than the Utilities sector average. In comparison with the Utilities sector average of 3.36%, Ormat Technologies's dividend yield is 83% lower. Historically ORA's dividend yield has averaged at 0.7% in the last 5 years, which is higher than the current one.
Ormat Technologies has a history of paying dividends since 2005. Our records of ORA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 2.1% since twelve months ago. But with the price of the stock up by 28% from a year ago, the dividend yield has a decrease of 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 16, 2022 | Aug 31, 2022 | Aug 3, 2022 | $0.12 | normal |
| May 13, 2022 | May 31, 2022 | May 2, 2022 | $0.12 | normal |
| Mar 8, 2022 | Mar 23, 2022 | Feb 23, 2022 | $0.12 | normal |
| Nov 16, 2021 | Dec 3, 2021 | Nov 3, 2021 | $0.12 | normal |
| Aug 17, 2021 | Sep 1, 2021 | Aug 4, 2021 | $0.12 | normal |
| May 17, 2021 | Jun 1, 2021 | May 5, 2021 | $0.12 | normal |
| Mar 10, 2021 | Mar 29, 2021 | Feb 24, 2021 | $0.12 | normal |
| Nov 17, 2020 | Dec 2, 2020 | Nov 3, 2020 | $0.11 | normal |
| Aug 17, 2020 | Sep 1, 2020 | Aug 4, 2020 | $0.11 | normal |
| May 20, 2020 | Jun 2, 2020 | May 8, 2020 | $0.11 | normal |
| Mar 11, 2020 | Mar 26, 2020 | Feb 25, 2020 | $0.11 | normal |
| Nov 19, 2019 | Dec 4, 2019 | Nov 6, 2019 | $0.11 | normal |
| Aug 19, 2019 | Aug 27, 2019 | Aug 7, 2019 | $0.11 | normal |
| May 17, 2019 | May 28, 2019 | May 6, 2019 | $0.11 | normal |
| Mar 13, 2019 | Mar 28, 2019 | Feb 26, 2019 | $0.11 | normal |
| Nov 19, 2018 | Dec 4, 2018 | Nov 6, 2018 | $0.1 | normal |
| Aug 20, 2018 | Aug 29, 2018 | Aug 7, 2018 | $0.1 | normal |
| May 18, 2018 | May 30, 2018 | May 7, 2018 | $0.1 | normal |
| Mar 13, 2018 | Mar 29, 2018 | Mar 1, 2018 | $0.23 | normal |
| Nov 20, 2017 | Dec 5, 2017 | Nov 7, 2017 | $0.08 | normal |
| Aug 11, 2017 | Aug 29, 2017 | Aug 3, 2017 | $0.08 | normal |
| May 18, 2017 | May 31, 2017 | May 8, 2017 | $0.08 | normal |
| Mar 13, 2017 | Mar 29, 2017 | Feb 28, 2017 | $0.17 | normal |
| Nov 17, 2016 | Dec 6, 2016 | Nov 7, 2016 | $0.07 | normal |
| Aug 12, 2016 | Aug 30, 2016 | Aug 2, 2016 | $0.07 | normal |
| May 16, 2016 | May 24, 2016 | May 5, 2016 | $0.07 | normal |
| Mar 11, 2016 | Mar 29, 2016 | Feb 23, 2016 | $0.31 | normal |
ORA has a payout ratio of 42.1% which is lower than the Utilities sector average. In comparison with the Utilities sector average of 63.5%, Ormat Technologies's payout ratio is 34% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EIX Edison International | 4.95% | $2.8 | 210.5% |
| NRG Nrg Energy Inc | 3.59% | $1.38 | 9.7% |
| AES Aes Corp | 2.77% | $0.63 | N/A |
| ORA Ormat Technologies Inc | 0.56% | $0.48 | 42.1% |
Yes, Ormat Technologies has been paying dividends for the last 17 years.
At this point we don't have a record of ORA's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.
Ormat Technologies's last dividend ex-date was on Aug 16, 2022. The dividend amount was $0.12 per share.
On an annual basis ORA pays $0.48 per share.
Ormat Technologies's current dividend yield is 0.56%.
Ormat Technologies pays dividends quarterly.
The dividend payout ratio of Ormat Technologies is 42.1%.
Ormat Technologies's dividend yield is lower than the Utilities sector average.