GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (LTS:0KDH) » Definitions » Dividend Payout Ratio

Ormat Technologies (LTS:0KDH) Dividend Payout Ratio : 0.29 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Ormat Technologies Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ormat Technologies's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.29.

The historical rank and industry rank for Ormat Technologies's Dividend Payout Ratio or its related term are showing as below:

LTS:0KDH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 0.37
Current: 0.22


During the past 13 years, the highest Dividend Payout Ratio of Ormat Technologies was 0.37. The lowest was 0.10. And the median was 0.25.

LTS:0KDH's Dividend Payout Ratio is ranked better than
84.02% of 194 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.46 vs LTS:0KDH: 0.22

As of today (2024-12-15), the Dividend Yield % of Ormat Technologies is 0.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ormat Technologies was 1.21%. The lowest was 0.37%. And the median was 0.66%.

Ormat Technologies's Dividends per Share for the months ended in Sep. 2024 was $0.12.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ormat Technologies was 86.60% per year. The lowest was -33.30% per year. And the median was 5.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Ormat Technologies Dividend Payout Ratio Historical Data

The historical data trend for Ormat Technologies's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ormat Technologies Dividend Payout Ratio Chart

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.37 0.27 0.22

Ormat Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.18 0.19 0.30 0.29

Competitive Comparison of Ormat Technologies's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Ormat Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ormat Technologies's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ormat Technologies's Dividend Payout Ratio falls into.



Ormat Technologies Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Ormat Technologies's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.48/ 2.192
=0.22

Ormat Technologies's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.12/ 0.42
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ormat Technologies (LTS:0KDH) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Ormat Technologies Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ormat Technologies's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ormat Technologies Business Description

Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

Ormat Technologies Headlines

No Headlines