Ormat Technologies Declares $0.12 Quarterly Dividend
Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal power company, declared a quarterly dividend of $0.12 per share on February 24, 2026. The company expects to maintain the same dividend level for the next three quarters.
Ormat Technologies, Inc. (NYSE: ORA), a vertically integrated geothermal and recovered energy generation company, declared a quarterly dividend of $0.12 per share on February 24, 2026. The dividend will be paid to shareholders of record as of March 10, 2026. Read more dividend announcements.
The payment represents the company's regular quarterly distribution under its established dividend policy. Ormat indicated it expects to pay a quarterly dividend of $0.12 per share in each of the next three quarters.
| Dividend Details | Date |
|---|---|
| Amount | $0.12 per share |
| Record Date | March 10, 2026 |
| Payment Date | March 24, 2026 |
| Frequency | Quarterly |
2026 Financial Guidance
Concurrent with the dividend announcement, Ormat provided updated guidance for 2026. The company expects total revenues between $1.11 billion and $1.16 billion, with electricity segment revenues projected at $715 million to $730 million.
Product segment revenues are forecast between $300 million and $320 million, while the energy storage segment is expected to generate $95 million to $110 million. Adjusted EBITDA guidance ranges from $615 million to $645 million, with approximately $18.9 million attributable to minority interest.
With over 60 years of experience in the geothermal sector, Ormat is the only vertically integrated company engaged in geothermal and recovered energy generation. The company is expanding its presence in the U.S. energy storage market and developing enhanced geothermal systems solutions.