Ovintiv Dividends and Buybacks

Dividend criteria checks 3/6

Ovintiv is a dividend paying company with a current yield of 3.15% that is well covered by earnings. Next payment date is on 30th June, 2025 with an ex-dividend date of 13th June, 2025.

Key information

3.1%

Dividend yield

3.7%

Buyback Yield

Total Shareholder Yield6.8%
Future Dividend Yield3.3%
Dividend Growth-1.4%
Next dividend pay date30 Jun 25
Ex dividend date13 Jun 25
Dividend per sharen/a
Payout ratio50%

Recent dividend and buyback updates

Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

May 10
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Mar 04
Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Recent updates

Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

May 10
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Ovintiv: Commodity Prices And Production Growth Will Boost Its Revenues

May 08

Returns On Capital Are Showing Encouraging Signs At Ovintiv (NYSE:OVV)

Apr 25
Returns On Capital Are Showing Encouraging Signs At Ovintiv (NYSE:OVV)

An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Apr 10
An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Mar 23
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Ovintiv's (NYSE:OVV) Soft Earnings Don't Show The Whole Picture

Mar 05
Ovintiv's (NYSE:OVV) Soft Earnings Don't Show The Whole Picture

Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Mar 04
Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Ovintiv: Management Needs To Tighten The Reins

Feb 27

Ovintiv Inc.'s (NYSE:OVV) Shares Lagging The Market But So Is The Business

Feb 17
Ovintiv Inc.'s (NYSE:OVV) Shares Lagging The Market But So Is The Business

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Dec 05
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Nov 23
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Ovintiv: Better Options Available For Investors

Nov 11

Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Oct 28
Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist

Sep 30
Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist
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Innovative Culture And Efficiency Gains Promise Growth, Despite Analysts' Concerns Over Earnings Sustainability

Aug 22 Ovintiv's innovative culture and efficiency improvements signal a notable potential for improved net margins and earnings.

Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Aug 20
Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap

Aug 06

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Aug 05
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Jul 31
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Jul 17
Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Ovintiv: Increased Full-Year Production Guidance After Its Q1 2024 Results

Jun 13

Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 06
Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

May 24
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Ovintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)

May 23

Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion

Mar 22

Ovintiv: Still Light On Oil Reserves

Mar 03

Ovintiv: A Wait-And-See Opportunity With Long-Term Upside

Jan 11

Upcoming Dividend Payment

TodayMay 12 2025Ex Dividend DateJun 13 2025Dividend Pay DateJun 30 202517 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

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)3.1%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Oil and Gas)4.2%
Analyst forecast (OVV) (up to 3 years)3.3%

Notable Dividend: OVV's dividend (3.15%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: OVV's dividend (3.15%) is low compared to the top 25% of dividend payers in the US market (4.8%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.1%), OVV's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.3%), OVV's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 22:05
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ovintiv Inc. is covered by 65 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Ishan MajumdarBaptista Research
Wei JiangBarclays