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Ovintiv (OVV) Dividend Yield, Date & History

Ovintiv logo
$37.78 +0.04 (+0.11%)
(As of 12/20/2024 05:40 PM ET)

Ovintiv Dividend Summary

Dividend Yield
3.18%
Annual Dividend
$1.20
Next
Dividend Payment
Dec. 31
Annualized 3-Year
Dividend Growth
45.29%
Dividend Payout Ratio
15.92%

Ovintiv (OVV) pays an annual dividend of $1.20 per share, with a dividend yield of 3.18%. The next quarterly payment of $0.30 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 15.92% of its earnings and 9.66% of its cash flow as dividends.

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OVV Dividend Payments by Quarter

The chart below displays up to four years of Ovintiv's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

OVV Dividend Yield Over Time

The chart below tracks Ovintiv's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Ovintiv vs. The Competition

Compare Ovintiv's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeOvintivEnergy CompaniesNYSE Companies
Annual Dividend$1.20$0.00$1.39
Dividend Yield3.18%11.66%3.58%
Annualized 3-Year Dividend Growth45.29%25.09%15.78%

Ovintiv Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings15.92%
Based on This Year's Estimate22.02%
Based on Next Year's Estimate23.95%
Based on Cashflow9.66%

Ovintiv Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024Quarterly$0.30 - 2.78%12/13/202412/13/202412/31/2024
7/30/2024Quarterly$0.30 - 2.58%9/13/20249/13/20249/27/2024
5/7/2024Quarterly$0.30 - 2.35%6/14/20246/14/20246/28/2024
2/27/2024Quarterly$0.30 - 2.51%3/14/20243/15/20243/28/2024
11/7/2023Quarterly$0.30 - 2.67%12/14/202312/15/202312/29/2023
7/27/2023Quarterly$0.30 - 2.66%9/14/20239/15/20239/29/2023
4/2/2023quarterly$0.30+$0.05
20.00%
2.6%6/14/20236/15/20236/30/2023
2/27/2023Quarterly$0.25 - 2.34%3/14/20233/15/20233/31/2023

This table shows Ovintiv's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Ovintiv Dividend - Frequently Asked Questions

The current dividend yield for Ovintiv is 3.18%. Learn more on OVV's dividend yield history.

The annual dividend for OVV shares is $1.20. Learn more on OVV's annual dividend history.

Ovintiv pays quarterly dividends to shareholders.

Ovintiv's next quarterly dividend payment of $0.30 per share will be made to shareholders on Tuesday, December 31, 2024.

Ovintiv's most recent quarterly dividend payment of $0.30 per share was made to shareholders on Friday, September 27, 2024.

Ovintiv's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 45.29% per year.

The most recent change in the company's dividend was an increase of $0.05 on Sunday, April 2, 2023.

The dividend payout ratio for OVV is:
  • 15.92% based on the trailing year of earnings
  • 22.02% based on this year's estimates
  • 23.95% based on next year's estimates
  • 9.66% based on cash flow

Ovintiv's dividend yield of 3.16% is lower than the average Oils/Energy company that issues a dividend. Ovintiv's dividend payout ratio of 15.92% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Ovintiv stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:OVV) was last updated on 12/21/2024 by MarketBeat.com Staff
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