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Ovintiv (Ovintiv) Dividends per Share

: $1.15 (TTM As of Dec. 2023)
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Ovintiv's dividends per share for the three months ended in Dec. 2023 was $0.30. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.15. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.10. As of today, Ovintiv's Dividend Yield % is 2.31%.

Warning Sign:

Ovintiv Inc stock dividend yield is close to 1-year low.

During the past 12 months, Ovintiv's average Dividends Per Share Growth Rate was 21.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -8.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ovintiv was 85.00% per year. The lowest was -55.30% per year. And the median was 7.70% per year.

For more information regarding to dividend, please check our Dividend Page.


Ovintiv Dividends per Share Historical Data

The historical data trend for Ovintiv's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ovintiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.38 0.47 0.95 1.15

Ovintiv Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.25 0.30 0.30 0.30

Competitive Comparison

For the Oil & Gas E&P subindustry, Ovintiv's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ovintiv Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Ovintiv's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ovintiv's Dividend Yield % falls into.



Ovintiv Dividends per Share Calculation

Dividends paid to per common share.


Ovintiv  (NYSE:OVV) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Ovintiv's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 3.17
=0.09

During the past 13 years, the highest Dividend Payout Ratio of Ovintiv was 0.68. The lowest was 0.05. And the median was 0.14.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Ovintiv Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Ovintiv's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.2/51.98
=2.31 %

Current Share Price is $51.98.
Ovintiv's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.2.

During the past 13 years, the highest Dividend Yield of Ovintiv was 15.28%. The lowest was 0.43%. And the median was 1.81%.

Warning Sign:

Ovintiv Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ovintiv Dividends per Share Related Terms

Thank you for viewing the detailed overview of Ovintiv's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovintiv (Ovintiv) Business Description

Industry
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.
Executives
Meghan Nicole Eilers officer: EVP, GC & Corporate Secretary 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak officer: EVP, Midstream, Mrktg & Fndmtl SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Howard John Mayson director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard director 370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita director 3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander officer: EVP, General Counsel & CorpSec 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Rachel Maureen Moore officer: EVP, Corporate Services C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Douglas James Suttles director, officer: Chief Executive Officer 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken officer: EVP, Corp Dev & Ext Relations C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Bruce Gordon Waterman director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Code Corey Douglas officer: EVP & CFO 500 CENTRE STREET SE, CALGARY A0 T2P 2S5