Ormat Technologies Inc.
S&P 500ORA/Utilities · Utilities - Renewable/NYSE
Dividend Yield
0.37%
$0.48 · Annual Dividend
Dividend Safety Rating
ORA's dividend appears safe and well-supported. Strengths include a 23.2% earnings payout ratio & 13.6% fcf payout ratio. Areas of concern: 1.7x interest coverage & 4.9% return on equity. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 23.2%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 13.6%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 8.9%Operating cash flow strongly supports the payout.
Risks
- Interest Coverage: 1.7xInterest coverage is thin relative to debt servicing.
- Return on Equity: 4.9%Return on equity is below industry norms.
- 5-Year Dividend CAGR: 1.8%Dividend growth has been weak or negative.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
CautionDividend Track Record
SafeAbout Ormat Technologies Inc.
Ormat Technologies Inc. is a leading global renewable energy company specializing in geothermal power generation and recovered energy solutions. Operating through three primary business segments—Electricity, Product, and Energy Storage—the company develops, builds, owns, and operates geothermal and solar photovoltaic power plants across multiple continents, including the United States, Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe. Beyond power generation, Ormat designs and manufactures specialized equipment for geothermal and recovered energy systems, offering complete turnkey power plant solutions to customers in over 30 countries. The company has recently expanded into energy storage services, including battery energy storage systems and grid-connected solutions that provide capacity and ancillary services. As the only vertically integrated company in the geothermal and recovered energy sector, Ormat leverages decades of operational expertise to maintain competitive advantages in maintenance and rapid response to operational challenges. Headquartered in Reno, Nevada, the company combines proven engineering capabilities with global presence to deliver clean, reliable renewable energy solutions worldwide.
Dividend Overview
Dividend Yield
0.37%
Annual Dividend
$0.48
Frequency
Quarterly
Payout Ratio
23.19%
FCF Payout Ratio
13.61%
52-Week Range
$82.33 - $146.39
Dividend History (2016–2025)
ORA annual dividend per share and yield history
Earnings & Profitability
ORA earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 20, 2026
Last Payment Date
June 3, 2026
Dividend Growth
3-Year Dividend CAGR
0.00%
5-Year Dividend CAGR
1.76%
10-Year Dividend CAGR
6.32%
3-Year Total Growth
0.00%
5-Year Total Growth
9.09%
10-Year Total Growth
84.62%
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Frequently Asked Questions
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How is ORA's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.