Ormat Technologies Dividend and Recent Developments: Key Insights Ahead of May 21, 2025 Ex-Dividend Date

CashCowSaturday, May 17, 2025 7:12 pm ET
1min read
Ormat Technologies (ORA) has announced a dividend of $0.120 per share, with the ex-dividend date set for May 21, 2025, and the payment date scheduled for Jun 4, 2025. This amount is higher compared to the average of the last ten dividends, which stands at $0.084 per share. The last dividend, paid on Mar 26, 2025, was also $0.120 per share. The company's recent dividend distributions highlight a consistent payout strategy, aligning with their focus on shareholder returns.

Recently, Ormat Technologies has been involved in several notable events influencing its market performance and operational outlook. Over the past week, Ormat's stock has experienced fluctuations, notably crossing below its 200-day moving average of $72.89. This technical indicator suggests potential shifts in investor sentiment and market dynamics. Additionally, Director David Granot's strategic sale of 950 shares, totaling $69,446, reflects active insider trading activity, shedding light on executive decisions impacting investor confidence.

In recent developments, Stifel Financial Corp has acquired a new stake in Ormat Technologies, demonstrating increased institutional interest in the company. This investment move comes amid analysts issuing varied reports on Ormat's stock, with some highlighting the company's robust financial performance, driven by substantial revenue and profit growth. However, concerns remain regarding high capital expenditures and a leveraged balance sheet, which may pose challenges to future financial stability. Despite these challenges, technical sentiment signals a strong buy, indicating positive market expectations in the short term.

As Ormat Technologies navigates its financial landscape, the upcoming ex-dividend date on May 21, 2025, serves as a critical milestone for investors. This date marks the last opportunity for shareholders to purchase the stock and be eligible for the forthcoming dividend. Any acquisitions made after this date will not qualify for the current dividend distribution, emphasizing the importance of timely investment decisions.

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