Ormat Technologies, Inc.
ORAUtilities · Stock · quarterly payer
Forward Yield
0.46%
Annual Dividend
$0.48
Payout Ratio
23%
5-Yr Growth
1.8%
Ex-Date
May 20, 2026
Frequency
Quarterly
Summary
As of July 2026, Ormat Technologies, Inc. (ORA) yields 0.46% ($0.48 per share annually), with a blended fair-value estimate of $73.05 — -30% downside, so it screens as overvalued. Dividend safety grade: B (78/100).
Is ORA a good dividend stock?
YesOrmat Technologies, Inc. (ORA) pays a quarterly dividend yielding 0.46% ($0.48/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (23%)
- 47% total price return over 5 years
Risks
- Cut its dividend in 2011
Key Data
- Dividend Yield
- 0.46%
- Payout Ratio
- 23%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- May 20, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.88
- Market Cap
- $6.4B
- P/E Ratio
- 50.5
- 5-Yr Total Return
- 47%
- 52-Week Range
- $84.13 – $146.39
- Dividend Safety
- B · 78/100
- Ever Cut?
- Yes (2011)
Frequently Asked Questions
ORA Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
+38%
5 Years
+47%
52-Week Range
$84.13 – $146.39
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ORA worth?
Overvaluedlow confidenceOur blended fair-value estimate for Ormat Technologies, Inc. is $73.05 per share, versus a market price of $104.70. That implies 30% of downside.
Fair Value
$73.05
Current Price
$104.70
Downside
-30%
Margin of Safety
-43%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.7% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.07 EPS, $0.48 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ORA Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 20, 2026 | — | $0.1200 | regular |
| Mar 10, 2026 | — | $0.1200 | regular |
| Nov 17, 2025 | — | $0.1200 | regular |
| Aug 20, 2025 | — | $0.1200 | regular |
| May 21, 2025 | — | $0.1200 | regular |
| Mar 12, 2025 | — | $0.1200 | regular |
| Nov 20, 2024 | — | $0.1200 | regular |
| Aug 20, 2024 | — | $0.1200 | regular |
| May 21, 2024 | — | $0.1200 | regular |
| Mar 5, 2024 | — | $0.1200 | regular |
| Nov 21, 2023 | — | $0.1200 | regular |
| Aug 15, 2023 | — | $0.1200 | regular |
| May 22, 2023 | — | $0.1200 | regular |
| Mar 7, 2023 | — | $0.1200 | regular |
Income Calculator
At $0.48 / yr per share
