SmarterDividends
ORA

Ormat Technologies (ORA) Dividend

Ormat Technologies, Inc. · Utilities · Utilities - Renewable · quarterly payer

$91.90

Overvalued · -42% Add to Portfolio

As of Nov 5, 2026, Ormat Technologies (ORA) pays a quarterly dividend of $0.12 per share, or $0.48 a year, a 0.51% yield at its $91.90 share price. It pays every quarter, usually in March, June, September and December. It has a dividend safety grade of A.

Forward Yield

0.51%

Annual Dividend

$0.48

Payout Ratio

24%

5-Yr Growth

1.8%

Ex-Date

Aug 19, 2026

Frequency

Quarterly

Key facts about ORA's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Ormat Technologies, Inc. (ORA) has a forward dividend yield of 0.51%, based on an annual dividend of $0.48 per share and a share price of $91.90.
  • As of Nov 5, 2026, ORA's dividend safety grade from SmarterDividends is A (80 out of 100), which rates the dividend as very safe.
  • ORA last cut its regular dividend in 2011.
  • ORA's most recent ex-dividend date was Aug 19, 2026, for a dividend of $0.12 per share.
  • As of Nov 5, 2026, ORA pays out 24% of its trailing 12-month earnings as dividends (its payout ratio).
  • ORA's dividend has grown at an average rate of 1.8% a year over the past five years.
  • As of Nov 5, 2026, ORA's 0.51% yield is 16% below its five-year average yield of 0.61%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ORA is $53.30 per share, 42% below the $91.90 share price, so ORA screens as overvalued.
  • Ormat Technologies, Inc. (ORA) pays its dividend quarterly, 4 times a year.
  • Ormat Technologies, Inc. (ORA) has raised its regular dividend 10 times and cut it 2 times across the 82 payments on record since 2005. Its most recent change was a 9.1% increase to $0.120 per share, going ex-dividend on Mar 10, 2021. The last cut went ex-dividend on May 16, 2011.
Cite this page

SmarterDividends, "ORA Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ORA

Is ORA a good dividend stock?

Yes

Ormat Technologies, Inc. (ORA) pays a quarterly dividend yielding 0.51% ($0.48/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (24%)
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
0.51%
Payout Ratio
24%
Annual Dividend
$0.48
5-Yr Avg Growth
1.8%
Ex-Dividend Date
Aug 19, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.90
Market Cap
$5.7B
P/E Ratio
45.0
5-Yr Total Return
19%
52-Week Range
$85.77 – $146.39
Dividend Safety
A · 80/100
Ever Cut?
Yes (2011)

ORA dividend raises and cuts

Ormat Technologies, Inc. (ORA) has raised its regular dividend 10 times and cut it 2 times across the 82 payments on record since 2005. Its most recent change was a 9.1% increase to $0.120 per share, going ex-dividend on Mar 10, 2021. The last cut went ex-dividend on May 16, 2011.

Ex-dateChangeOld → newMove
Mar 10, 2021Raise$0.110 → $0.120+9.1%
Mar 13, 2019Raise$0.100 → $0.110+10.0%
May 18, 2018Raise$0.0800 → $0.100+25.0%
May 18, 2017Raise$0.0700 → $0.0800+14.3%
May 16, 2016Raise$0.0600 → $0.0700+16.7%
May 15, 2015Raise$0.0500 → $0.0600+20.0%
May 19, 2014Raise$0.0400 → $0.0500+25.0%
May 16, 2011Cut$0.0500 → $0.0400−20.0%
May 14, 2010Cut$0.0600 → $0.0500−16.7%
May 18, 2009Raise$0.0500 → $0.0600+20.0%
May 18, 2007Raise$0.0400 → $0.0500+25.0%
May 19, 2006Raise$0.0300 → $0.0400+33.3%
Every ORA payment →Download every raise and cut (CSV)
ORA ex-dividend date & scheduleNext ex-date Aug 19, 2026 · full ex-dividend historyView →ORA dividend historyEvery payment, totals by year, raises and cutsView →ORA dividend calculator100 shares pay $48.00 a year, $12.00 each quarterCalculate →ORA total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is ORA a good dividend stock?

Yes. Ormat Technologies, Inc. (ORA) pays a quarterly dividend yielding 0.51% ($0.48/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ORA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ORA's fair value is about $53.30 versus a $91.90 share price — so it looks overvalued (-42% vs. fair value).

Is ORA's dividend safe?

ORA has a dividend-safety grade of A (80/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2011, debt and yield-versus-history.

What is ORA's fair value?

Our blended fair-value estimate for ORA is about $53.30 per share, about 42% below the current $91.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ORA a buy, hold, or sell?

We don't issue formal ratings, but on the data ORA screens as "yes" and overvalued. Ormat Technologies, Inc. (ORA) pays a quarterly dividend yielding 0.51% ($0.48/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ORA cut its dividend?

ORA earns a dividend-safety grade of A (80/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ORA pay a dividend?

Yes. Ormat Technologies, Inc. pays a quarterly dividend of about $0.48 per share annually, a forward yield of roughly 0.51%.

How much dividend does 100 shares of ORA pay?

At $0.48 per share a year, 100 shares of ORA pay $48.00 a year in dividends before tax, about $12.00 each quarter. Buying them costs about $9,190 at the Nov 5, 2026 price.

What is ORA's dividend yield?

As of Nov 5, 2026, ORA's forward dividend yield is 0.51%, based on a $0.48 annual dividend and a $91.90 share price.

What is ORA's dividend per share?

As of Nov 5, 2026, ORA pays $0.48 per share per year, distributed on a quarterly basis.

What is ORA's dividend payout ratio?

As of Nov 5, 2026, ORA's payout ratio is 24% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ORA grown its dividend?

ORA does not currently have a long dividend-growth streak on record.

When is the next ORA ex-dividend date?

As of Nov 5, 2026, ORA's next ex-dividend date hasn't been announced. The most recent was Aug 19, 2026, for $0.12 per share.

Income Calculator

At $0.48 / yr per share

Per payment (quarterly)$12.00
Annual$48.00
Monthly avg$4.00
Full ORA dividend calculator →

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