Ovintiv Dividend

Dividend criteria checks 3/6

Ovintiv is a dividend paying company with a current yield of 2.34% that is well covered by earnings.

Key information

2.3%

Dividend yield

14%

Payout ratio

Industry average yield4.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$7.75
Dividend yield forecast in 3Y2.4%

Recent dividend updates

Recent updates

Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Feb 20
Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Nov 08
Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Aug 03
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Jul 19
An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Jul 05
Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Apr 22
Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Apr 06
Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

Mar 01
Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Jan 03
A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Dec 12
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Sep 19
Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Aug 29
Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

Aug 07
Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: OVV's dividend payments have been volatile in the past 10 years.

Growing Dividend: OVV's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Ovintiv Dividend Yield vs Market
How does OVV dividend yield compare to the market?
SegmentDividend Yield
Company (OVV)2.3%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.3%
Industry Average (Oil and Gas)4.9%
Analyst forecast in 3 Years (OVV)2.4%

Notable Dividend: OVV's dividend (2.34%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).

High Dividend: OVV's dividend (2.34%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.3%), OVV's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.7%), OVV's dividend payments are well covered by cash flows.


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