Ovintiv Dividends and Buybacks
Dividend criteria checks 3/6
Ovintiv is a dividend paying company with a current yield of 2.57% 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
2.6%
Dividend yield
5.4%
Buyback Yield
| Total Shareholder Yield | 7.9% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 5.1% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$1.200 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30
Aug 20
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30
Aug 05Ovintiv's (NYSE:OVV) Dividend Will Be $0.30
May 24Recent updates
Ovintiv: Better Options Available For Investors
Nov 11Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price
Oct 28Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist
Sep 30Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30
Aug 20Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap
Aug 06Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30
Aug 05Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt
Jul 31Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E
Jul 17Ovintiv: Increased Full-Year Production Guidance After Its Q1 2024 Results
Jun 13Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jun 06Ovintiv's (NYSE:OVV) Dividend Will Be $0.30
May 24Ovintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)
May 23Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet
Apr 26We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt
Apr 19Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking
Apr 05Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion
Mar 22Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price
Mar 21Ovintiv: Still Light On Oil Reserves
Mar 03Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 01Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)
Feb 25Ovintiv: A Wait-And-See Opportunity With Long-Term Upside
Jan 11Ovintiv: Operational Improvement But Debt Reduction A Headwind (Rating Downgrade)
Nov 09Ovintiv May Generate Around $3 Billion In Free Cash Flow By The End Of 2024
Sep 27Ovintiv Maintains Enhanced Prospects With Strong Assets And Core Midland Acquisition
Jul 24Upcoming 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) | 2.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Oil and Gas) | 3.7% |
| Analyst forecast (OVV) (up to 3 years) | 2.7% |
Notable Dividend: OVV's dividend (2.57%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: OVV's dividend (2.57%) is low compared to the top 25% of dividend payers in the US market (4.26%).
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.