Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Ormat Technologies Dividend Announcement
• Ormat Technologies announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-20
• Ormat Technologies annual dividend for 2024 was $0.48
• Ormat Technologies annual dividend for 2023 was $0.48
• Ormat Technologies's trailing twelve-month (TTM) dividend yield is 0.57%
• Ormat Technologies's payout ratio for the trailing twelve months (TTM) is 18.38%
• Ormat Technologies's dividend growth over the last five years (2018-2023) was -1.96% year
• Ormat Technologies's dividend growth over the last ten years (2013-2023) was 19.62% year
Ormat Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-20 | $0.12 | quarterly | 2024-12-04 |
2024-08-20 | $0.12 | quarterly | 2024-09-03 |
2024-05-21 | $0.12 | quarterly | 2024-06-05 |
2024-03-05 | $0.12 | quarterly | 2024-03-20 |
2023-11-21 | $0.12 | quarterly | 2023-12-06 |
2023-08-15 | $0.12 | quarterly | 2023-08-30 |
2023-05-22 | $0.12 | quarterly | 2023-06-06 |
2023-03-07 | $0.12 | quarterly | 2023-03-22 |
2022-11-15 | $0.12 | quarterly | 2022-11-30 |
2022-08-16 | $0.12 | quarterly | 2022-08-31 |
2022-05-13 | $0.12 | quarterly | 2022-05-31 |
2022-03-08 | $0.12 | quarterly | 2022-03-23 |
2021-11-16 | $0.12 | quarterly | 2021-12-03 |
2021-08-17 | $0.12 | quarterly | 2021-09-01 |
2021-05-17 | $0.12 | quarterly | 2021-06-01 |
2021-03-10 | $0.12 | quarterly | 2021-03-29 |
2020-11-17 | $0.11 | quarterly | 2020-12-02 |
2020-08-17 | $0.11 | quarterly | 2020-09-01 |
2020-05-20 | $0.11 | quarterly | 2020-06-02 |
2020-03-11 | $0.11 | quarterly | 2020-03-26 |
2019-11-19 | $0.11 | quarterly | 2019-12-04 |
2019-08-19 | $0.11 | quarterly | 2019-08-27 |
2019-05-17 | $0.11 | quarterly | 2019-05-28 |
2019-03-13 | $0.11 | quarterly | 2019-03-28 |
2018-11-19 | $0.10 | quarterly | 2018-12-04 |
2018-08-20 | $0.10 | quarterly | 2018-08-29 |
2018-05-18 | $0.10 | quarterly | 2018-05-30 |
2018-03-13 | $0.23 | quarterly | 2018-03-29 |
2017-11-20 | $0.08 | quarterly | 2017-12-05 |
2017-08-11 | $0.08 | quarterly | 2017-08-29 |
2017-05-18 | $0.08 | quarterly | 2017-05-31 |
2017-03-13 | $0.17 | quarterly | 2017-03-29 |
2016-11-17 | $0.07 | quarterly | 2016-12-06 |
2016-08-12 | $0.07 | quarterly | 2016-08-30 |
2016-05-16 | $0.07 | quarterly | 2016-05-24 |
2016-03-11 | $0.31 | quarterly | 2016-03-29 |
2015-11-16 | $0.06 | quarterly | 2015-12-02 |
2015-08-14 | $0.06 | quarterly | 2015-09-02 |
2015-05-15 | $0.06 | quarterly | 2015-05-27 |
2015-03-12 | $0.08 | quarterly | 2015-03-27 |
2014-11-18 | $0.05 | quarterly | 2014-12-04 |
2014-08-15 | $0.05 | quarterly | 2014-08-28 |
2014-05-19 | $0.05 | quarterly | 2014-05-30 |
2014-03-11 | $0.06 | quarterly | 2014-03-27 |
2013-11-18 | $0.04 | quarterly | 2013-12-04 |
2013-08-15 | $0.04 | quarterly | 2013-08-29 |
Ormat Technologies Dividend per year
Ormat Technologies Dividend growth
Ormat Technologies Dividend Yield
Ormat Technologies current trailing twelve-month (TTM) dividend yield is 0.57%. Interested in purchasing Ormat Technologies stock? Use our calculator to estimate your expected dividend yield:
Ormat Technologies Financial Ratios
Ormat Technologies Dividend FAQ
Other factors to consider when evaluating Ormat Technologies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ormat Technologies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ormat Technologies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ormat Technologies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ormat Technologies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ormat Technologies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ormat Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ormat Technologies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ormat Technologies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ormat Technologies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.