Ormat Technologies Dividend
Dividend criteria checks 2/6
Ormat Technologies is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
23%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.06 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HNM's dividend payments have been volatile in the past 10 years.
Growing Dividend: HNM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ormat Technologies Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HNM) | 0.7% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Renewable Energy) | 3.5% |
Analyst forecast in 3 Years (HNM) | 1.1% |
Notable Dividend: HNM's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: HNM's dividend (0.74%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.9%), HNM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HNM is paying a dividend but the company has no free cash flows.