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Ovintiv (Ovintiv) Dividend Yield % : 2.26% (As of Apr. 24, 2024)


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What is Ovintiv Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Ovintiv is 2.26%.

The historical rank and industry rank for Ovintiv's Dividend Yield % or its related term are showing as below:

OVV' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 1.81   Max: 15.28
Current: 2.26

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%.

OVV's Dividend Yield % is ranked worse than
73.83% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs OVV: 2.26

Ovintiv's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.10.

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.

As of today (2024-04-24), the Forward Dividend Yield % of Ovintiv is 2.26%.

Ovintiv's Dividends per Share for the three months ended in Dec. 2023 was USD0.30.

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.

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.

The growth rate is calculated with least square regression.

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


Ovintiv Dividend Yield % Historical Data

The historical data trend for Ovintiv's Dividend Yield % 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 Dividend Yield % Chart

Ovintiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 2.61 1.39 1.88 2.62

Ovintiv Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial 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 1.88 2.77 2.76 2.31 2.62

Competitive Comparison of Ovintiv's Dividend Yield %

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's Dividend Yield % Distribution in the Oil & Gas Industry

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 Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.2/52.90
=2.27 %

Current Share Price is USD52.90.
Ovintiv's Dividends per Share for the trailing twelve months (TTM) ended in Today is USD1.2.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/52.90
=2.27 %

Current Share Price is USD52.90.
Ovintiv's Dividends per Share for the forward twelve months is calculated as USD0.3 * 4 = USD1.2.

* 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  (NYSE:OVV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ovintiv Dividend Yield % Related Terms

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


Ovintiv (Ovintiv) Business Description

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