Ovintiv Dividends and Buybacks
Dividend criteria checks 3/6
Ovintiv is a dividend paying company with a current yield of 2.68% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
2.7%
Dividend yield
5.9%
Buyback Yield
| Total Shareholder Yield | 8.6% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 5.2% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$1.200 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)
Feb 20
Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate
Nov 08Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly
Aug 03An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued
Jul 19Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today
Jul 05Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet
Apr 22Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate
Apr 06Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors
Mar 01A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)
Jan 03Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly
Dec 12Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OVV) | 2.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.5% |
| Analyst forecast (OVV) (up to 3 years) | 2.9% |
Notable Dividend: OVV's dividend (2.68%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: OVV's dividend (2.68%) is low compared to the top 25% of dividend payers in the Canadian market (6.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), OVV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), OVV's dividend payments are well covered by cash flows.