Ovintiv Inc.
S&P 500OVV/Energy · Oil & Gas E&P/NYSE
Dividend Yield
2.20%
$1.20 · Annual Dividend
Dividend Safety Rating
OVV's dividend appears safe and well-supported. Strengths include a 39.5% earnings payout ratio & 18.5% fcf payout ratio. Areas of concern: 0.6x current ratio & 7.1% return on equity. The dividend has been growing at a 26.19% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 39.5%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 18.5%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 10.3%Operating cash flow strongly supports the payout.
Risks
- Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
- Return on Equity: 7.1%Return on equity is below industry norms.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
Very SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
Very SafeAbout Ovintiv Inc.
Ovintiv Inc. is a North American oil and natural gas exploration and production company. It explores for, develops, produces, and markets natural gas, oil, and natural gas liquids through its two primary operating segments: USA Operations and Canadian Operations. The USA Operations focus on key plays such as the Permian and Anadarko basins, while Canadian Operations center on the Montney formation, leveraging contiguous positions and access to processing and export capabilities, including liquefied natural gas arrangements. Ovintiv maintains a multi-basin portfolio of high-quality assets, emphasizing a balanced mix of oil, condensate, natural gas liquids, and natural gas production. The company employs commodity hedging strategies to manage price risk and pursues portfolio optimization through targeted acquisitions and divestitures to enhance its asset base in premier resource plays. Headquartered in Denver, Colorado since its incorporation in 2020, Ovintiv plays a significant role in the upstream energy sector, contributing to North American energy supply with operations spanning diverse geological basins.
Dividend Overview
Dividend Yield
2.20%
Annual Dividend
$1.20
Frequency
Quarterly
Payout Ratio
39.47%
FCF Payout Ratio
18.53%
52-Week Range
$35.47 - $63.46
Dividend History (2016–2025)
OVV annual dividend per share and yield history
Earnings & Profitability
OVV earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 15, 2026
Next Payment Date
June 30, 2026
Dividend Growth
3-Year Dividend CAGR
8.10%
5-Year Dividend CAGR
26.19%
10-Year Dividend CAGR
-1.53%
3-Year Total Growth
26.32%
5-Year Total Growth
220.00%
10-Year Total Growth
-14.29%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.