Ormat Technologies Dividend
Dividend criteria checks 0/6
Ormat Technologies is a dividend paying company with a current yield of 0.66%. Next payment date is on 5th June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
0.7%
Dividend yield
22%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 05 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₪2.22 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORA is not paying a notable dividend for the IL market, therefore no need to check if payments are stable.
Growing Dividend: ORA is not paying a notable dividend for the IL market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Ormat Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORA) | 0.7% |
| Market Bottom 25% (IL) | 2.5% |
| Market Top 25% (IL) | 7.1% |
| Industry Average (Renewable Energy) | 2.1% |
| Analyst forecast in 3 Years (ORA) | 0.7% |
Notable Dividend: ORA's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the IL market (2.48%).
High Dividend: ORA's dividend (0.66%) is low compared to the top 25% of dividend payers in the IL market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: ORA is not paying a notable dividend for the IL market.
Cash Payout to Shareholders
Cash Flow Coverage: ORA is paying a dividend but the company has no free cash flows.