On February 23, 2022, the Board of Directors of Ormat Technologies, Inc. declared, approved, and authorized payment of a quarterly dividend of $0.12 per share pursuant to the Company's dividend policy. The dividend will be paid on March 23, 2022, to stockholders of record as of the close of business on March 9, 2022. In addition, the Company expects to pay a quarterly dividend of $0.12 per share in each of the next three quarters.