Ovintiv Inc.
OVVEnergy · Stock · quarterly payer
Forward Yield
1.92%
Annual Dividend
$1.20
Payout Ratio
34%
5-Yr Growth
26.1%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, Ovintiv Inc. (OVV) yields 1.92% ($1.20 per share annually), with a blended fair-value estimate of $135.45 — +117% upside, so it screens as undervalued. Dividend safety grade: B (74/100).
Is OVV a good dividend stock?
Yes, with caveatsOvintiv Inc. (OVV) pays a quarterly dividend yielding 1.92% ($1.20/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (34%)
- Strong 26.1% 5-yr dividend growth
- 66% total price return over 5 years
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 1.92%
- Payout Ratio
- 34%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- 26.1%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $17.3B
- P/E Ratio
- 17.4
- 5-Yr Total Return
- 66%
- 52-Week Range
- $35.47 – $67.51
- Dividend Safety
- B · 74/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
OVV Price — Last 12 Months
Daily close
Price Return
1 Year
+66%
3 Years
+30%
5 Years
+66%
52-Week Range
$35.47 – $67.51
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OVV worth?
Undervaluedlow confidenceOur blended fair-value estimate for Ovintiv Inc. is $135.45 per share, versus a market price of $62.37. That implies 117% of upside — a margin of safety of about 54%.
Fair Value
$135.45
Current Price
$62.37
Upside
+117%
Margin of Safety
54%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 16.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 16.8% stage-1 growth, 2.5% terminal growth, $3.58 EPS, $1.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OVV Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.3000 | regular |
| Jun 15, 2026 | — | $0.3000 | regular |
| Mar 13, 2026 | — | $0.3000 | regular |
| Dec 15, 2025 | — | $0.3000 | regular |
| Sep 15, 2025 | — | $0.3000 | regular |
| Jun 13, 2025 | — | $0.3000 | regular |
| Mar 14, 2025 | — | $0.3000 | regular |
| Dec 13, 2024 | — | $0.3000 | regular |
| Sep 13, 2024 | — | $0.3000 | regular |
| Jun 14, 2024 | — | $0.3000 | regular |
| Mar 14, 2024 | — | $0.3000 | regular |
| Dec 14, 2023 | — | $0.3000 | regular |
| Sep 14, 2023 | — | $0.3000 | regular |
| Jun 14, 2023 | — | $0.3000 | regular |
Income Calculator
At $1.20 / yr per share
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