Ormat Technologies, Inc. gains 1.12% within $83.72 to $84.94 daily range

A quick look at yesterday: pronounced bullish sentiment in the market helped the renewable geothermal energy technology developer to make a notable 1.12% gain yesterday, rising 92 cents and ultimately closing at $84.92.

• Yesterday's trading volume was 175,806 shares which is under the 21-day average of 337,515.
• Ormat Technologies, Inc.'s board sets quarterly dividend of 12 cents per share to be paid on Tuesday, June 6th; annual dividend yield esimated at 0.565%.

Having soared to a high of $100.93 approximately 6 months ago, the renewable geothermal energy technology developer is now trading 16.79% lower. The company is currently trading with a market cap of $5 billion with an average daily trading volume of 337,515 shares. Ormat Technologies, Inc. has a forecast of $202.86 million with an EPS of 48.92 cents.

Just recently, Ormat Technologies, Inc.'s board disclosed a quarterly dividend of 12 cents per share to be paid on Tuesday, June 6th for all shareholders of record up until Tuesday, May 23rd. Based on current prices, the company's decision thereby provides Ormat Technologies, Inc. investors with an annual dividend yield of 0.565%.

This rally in Ormat Technologies, Inc.'s share price coincided with other utilities stocks as NextEra Energy was up 1.37%.