Ormat Technologies, Inc. (ORA) Ex-Dividend Date Scheduled for August 15, 2014
Ormat Technologies, Inc. ( ORA ) will begin trading ex-dividend on August 15, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on August 28, 2014. Shareholders who purchased ORA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the same period a year ago. At the current stock price of $26.17, the dividend yield is .76%.
The previous trading day's last sale of ORA was $26.17, representing a -14.08% decrease from the 52 week high of $30.46 and a 9.27% increase over the 52 week low of $23.95.
ORA is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). ORA's current earnings per share, an indicator of a company's profitability, is $1.13. Zacks Investment Research reports ORA's forecasted earnings growth in 2014 as 43.18%, compared to an industry average of 37.1%.
Interested in gaining exposure to ORA through an Exchange
Traded Fund [ETF]?
The following ETF(s) have ORA as a top-10 holding:
- iShares International Select Dividend ETF ( IDV ).
The top-performing ETF of this group is IDV with an increase of 0.24% over the last 100 days. It also has the highest percent weighting of ORA at 1.69%.