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 | €1.200 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 47Q's dividend payments have been volatile in the past 10 years.
Growing Dividend: 47Q's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ovintiv Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (47Q) | 2.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (47Q) (up to 3 years) | 2.9% |
Notable Dividend: 47Q's dividend (2.68%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 47Q's dividend (2.68%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), 47Q's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), 47Q's dividend payments are well covered by cash flows.