SmarterDividends
OVV

Ovintiv Inc.

OVV

Energy · Stock · quarterly payer

Forward Yield

2.02%

Annual Dividend

$1.20

Payout Ratio

39%

5-Yr Growth

26.1%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

OVV Dividend Safety Score

71/ 100
Grade B

Safe

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2016
Earnings payout coverage39% of earnings paid out
Free-cash-flow coverage39% of free cash flow
Balance-sheet strengthDebt/equity of 0.68
Yield vs its historyYield in line with its history

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

Is OVV a good dividend stock?

Yes, with caveats

Ovintiv Inc. (OVV) pays a quarterly dividend yielding 2.02% ($1.20/yr), with 5 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 (39%)
  • Strong 26.1% 5-yr dividend growth
  • 85% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
2.02%
Payout Ratio
39%
Annual Dividend
$1.20
5-Yr Avg Growth
26.1%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
5
Frequency
quarterly
Beta
0.53
Market Cap
$16.7B
P/E Ratio
19.5
5-Yr Total Return
85%
52-Week Range
$35.47 – $63.46
Dividend Safety
B · 71/100
Ever Cut?
Yes (2016)
OVV ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.20 / yr per share

Per payment (quarterly)$30.00
Annual$120.00
Monthly avg$10.00