Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
Ovintiv Dividend Announcement
• Ovintiv announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
• Ovintiv annual dividend for 2024 was $1.20
• Ovintiv annual dividend for 2023 was $1.15
• Ovintiv's trailing twelve-month (TTM) dividend yield is 2.62%
• Ovintiv's payout ratio for the trailing twelve months (TTM) is 15.44%
• Ovintiv's dividend growth over the last five years (2018-2023) was 80.51% year
• Ovintiv's dividend growth over the last ten years (2013-2023) was 5.55% year
Ovintiv Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.30 | quarterly | 2024-12-31 |
2024-09-13 | $0.30 | quarterly | 2024-09-27 |
2024-06-14 | $0.30 | quarterly | 2024-06-28 |
2024-03-14 | $0.30 | quarterly | 2024-03-28 |
2023-12-14 | $0.30 | quarterly | 2023-12-29 |
2023-09-14 | $0.30 | quarterly | 2023-09-29 |
2023-06-14 | $0.30 | quarterly | 2023-06-30 |
2023-03-14 | $0.25 | quarterly | 2023-03-31 |
2022-12-14 | $0.25 | quarterly | 2022-12-30 |
2022-09-14 | $0.25 | quarterly | 2022-09-30 |
2022-06-14 | $0.25 | quarterly | 2022-06-30 |
2022-03-14 | $0.20 | quarterly | 2022-03-31 |
2021-12-14 | $0.14 | quarterly | 2021-12-31 |
2021-09-14 | $0.14 | quarterly | 2021-09-30 |
2021-06-14 | $0.09 | quarterly | 2021-06-30 |
2021-03-12 | $0.09 | quarterly | 2021-03-31 |
2020-12-14 | $0.09 | quarterly | 2020-12-31 |
2020-09-14 | $0.09 | quarterly | 2020-09-30 |
2020-06-12 | $0.09 | quarterly | 2020-06-30 |
2020-03-12 | $0.09 | quarterly | 2020-03-31 |
2019-12-12 | $0.02 | quarterly | 2019-12-31 |
2019-09-12 | $0.02 | quarterly | 2019-09-30 |
2019-06-13 | $0.02 | quarterly | 2019-06-28 |
2019-03-14 | $0.02 | quarterly | 2019-03-29 |
2018-12-13 | $0.01 | quarterly | 2018-12-31 |
2018-09-13 | $0.01 | quarterly | 2018-09-28 |
2018-06-14 | $0.01 | quarterly | 2018-06-29 |
2018-03-14 | $0.01 | quarterly | 2018-03-29 |
2017-12-14 | $0.01 | quarterly | 2017-12-29 |
2017-09-14 | $0.01 | quarterly | 2017-09-29 |
2017-06-13 | $0.01 | quarterly | 2017-06-30 |
2017-03-13 | $0.01 | quarterly | 2017-03-31 |
2016-12-13 | $0.01 | quarterly | 2016-12-30 |
2016-09-13 | $0.01 | quarterly | 2016-09-30 |
2016-06-13 | $0.01 | quarterly | 2016-06-30 |
2016-03-11 | $0.01 | quarterly | 2016-03-31 |
2015-12-11 | $0.07 | quarterly | 2015-12-31 |
2015-09-11 | $0.07 | quarterly | 2015-09-30 |
2015-06-11 | $0.07 | quarterly | 2015-06-30 |
2015-03-11 | $0.07 | quarterly | 2015-03-31 |
2014-12-11 | $0.07 | quarterly | 2014-12-31 |
2014-09-11 | $0.07 | quarterly | 2014-09-30 |
2014-06-11 | $0.07 | quarterly | 2014-06-30 |
2014-03-12 | $0.07 | quarterly | 2014-03-31 |
2013-12-11 | $0.07 | quarterly | 2013-12-31 |
2013-09-11 | $0.20 | quarterly | 2013-09-30 |
2013-06-12 | $0.20 | quarterly | 2013-06-28 |
2013-03-13 | $0.20 | quarterly | 2013-03-28 |
Ovintiv Dividend per year
Ovintiv Dividend growth
Ovintiv Dividend Yield
Ovintiv current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Ovintiv stock? Use our calculator to estimate your expected dividend yield:
Ovintiv Financial Ratios
Ovintiv Dividend FAQ
Other factors to consider when evaluating Ovintiv as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ovintiv's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ovintiv publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ovintiv distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ovintiv are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ovintiv sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ovintiv distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ovintiv declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ovintiv's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ovintiv's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.