Ormat Technologies, Inc. ( ORA ) will begin trading ex-dividend on May 17, 2019. A cash dividend payment of $0.11 per share is scheduled to be paid on May 28, 2019. Shareholders who purchased ORA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over prior dividend payment. At the current stock price of $61.16, the dividend yield is .72%.
The previous trading day's last sale of ORA was $61.16, representing a -0.59% decrease from the 52 week high of $61.52 and a 33.57% increase over the 52 week low of $45.79.
ORA is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). ORA's current earnings per share, an indicator of a company's profitability, is $1.07. Zacks Investment Research reports ORA's forecasted earnings growth in 2019 as -7.85%, compared to an industry average of 9.1%.
Interested in gaining exposure to ORA through an Exchange Traded Fund [ETF]?
The following ETF(s) have ORA as a top-10 holding:
- iShares S&P Global Clean Energy Index Fund ( ICLN )
- VanEck Vectors Global Alternative Energy ETF ( GEX )
- Invesco WilderHill Clean Energy ETF ( PBW )
- VanEck Vectors Morningstar International Moat ETF ( MOTI )
- WisdomTree Dynamic Currency Hedged Europe Equity Fund (DDEZ).
The top-performing ETF of this group is PBW with an increase of 28.12% over the last 100 days. ICLN has the highest percent weighting of ORA at 5.58%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.