SmarterDividends
OVV

Ovintiv (OVV) Dividend

Ovintiv Inc. · Energy · Oil & Gas E&P · quarterly payer

$63.23

Fairly valued · +2% Add to Portfolio

As of Nov 5, 2026, Ovintiv (OVV) pays a quarterly dividend of $0.30 per share, or $1.20 a year, a 1.91% yield at its $63.23 share price. It pays every quarter, usually in March, June, September and December. It has a dividend safety grade of B.

Forward Yield

1.91%

Annual Dividend

$1.20

Payout Ratio

24%

5-Yr Growth

26.1%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about OVV's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Ovintiv Inc. (OVV) has a forward dividend yield of 1.91%, based on an annual dividend of $1.20 per share and a share price of $63.23.
  • As of Nov 5, 2026, OVV's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
  • OVV last cut its regular dividend in 2016.
  • OVV's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.30 per share.
  • As of Nov 5, 2026, OVV pays out 24% of its trailing 12-month earnings as dividends (its payout ratio).
  • OVV's dividend has grown at an average rate of 26.1% a year over the past five years.
  • As of Nov 5, 2026, OVV's 1.91% yield is 20% below its five-year average yield of 2.38%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for OVV is $64.41 per share, 2% above the $63.23 share price, so OVV screens as fairly valued.
  • Ovintiv Inc. (OVV) pays its dividend quarterly, 4 times a year.
  • Ovintiv Inc. (OVV) has raised its regular dividend 9 times and cut it 4 times across the 99 payments on record since 2002. Its most recent change was a 20.0% increase to $0.300 per share, going ex-dividend on Jun 14, 2023. The last cut went ex-dividend on Mar 12, 2020.
Cite this page

SmarterDividends, "OVV Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/OVV

Is OVV a good dividend stock?

Yes, with caveats

Ovintiv Inc. (OVV) pays a quarterly dividend yielding 1.91% ($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 (24%)
  • Strong 26.1% 5-yr dividend growth
  • 109% total price return over 5 years

Risks

  • Cut its dividend in 2016

Key Data

Dividend Yield
1.91%
Payout Ratio
24%
Annual Dividend
$1.20
5-Yr Avg Growth
26.1%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.56
Market Cap
$17.0B
P/E Ratio
12.6
5-Yr Total Return
109%
52-Week Range
$35.47 – $73.62
Dividend Safety
B · 74/100
Ever Cut?
Yes (2016)

OVV dividend raises and cuts

Ovintiv Inc. (OVV) has raised its regular dividend 9 times and cut it 4 times across the 99 payments on record since 2002. Its most recent change was a 20.0% increase to $0.300 per share, going ex-dividend on Jun 14, 2023. The last cut went ex-dividend on Mar 12, 2020.

Ex-dateChangeOld → newMove
Jun 14, 2023Raise$0.250 → $0.300+20.0%
Jun 14, 2022Raise$0.200 → $0.250+25.0%
Mar 14, 2022Raise$0.140 → $0.200+42.9%
Sep 14, 2021Raise$0.0940 → $0.140+48.9%
Mar 12, 2020Cut$0.0950 → $0.0940−1.1%
Mar 14, 2019Raise$0.0750 → $0.0950+26.7%
Mar 11, 2016Cut$0.350 → $0.0750−78.6%
Dec 11, 2013Cut$1.00 → $0.350−65.0%
Dec 17, 2009Cut$2.00 → $1.00−50.0%
Mar 12, 2008Raise$1.00 → $2.00+100.0%
Mar 13, 2007Raise$0.500 → $1.00+100.0%
Jun 13, 2006Raise$0.375 → $0.500+33.3%
Show all 13 changes since 2005
Ex-dateChangeOld → newMove
Jun 13, 2005Raise$0.250 → $0.375+50.0%
Every OVV payment →Download every raise and cut (CSV)
OVV ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →OVV dividend historyEvery payment, totals by year, raises and cutsView →OVV dividend calculator100 shares pay $120.00 a year, $30.00 each quarterCalculate →OVV total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is OVV a good dividend stock?

Yes, with caveats. Ovintiv Inc. (OVV) pays a quarterly dividend yielding 1.91% ($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.

Is OVV undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OVV's fair value is about $64.41 versus a $63.23 share price — so it looks fairly valued (+2% vs. fair value).

Is OVV's dividend safe?

OVV has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2016, debt and yield-versus-history.

What is OVV's fair value?

Our blended fair-value estimate for OVV is about $64.41 per share, roughly 2% above the current $63.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is OVV a buy, hold, or sell?

We don't issue formal ratings, but on the data OVV screens as "yes, with caveats" and fairly valued. Ovintiv Inc. (OVV) pays a quarterly dividend yielding 1.91% ($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. This is research for your own analysis, not investment advice.

Will OVV cut its dividend?

OVV earns a dividend-safety grade of B (74/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does OVV pay a dividend?

Yes. Ovintiv Inc. pays a quarterly dividend of about $1.20 per share annually, a forward yield of roughly 1.91%.

How much dividend does 100 shares of OVV pay?

At $1.20 per share a year, 100 shares of OVV pay $120.00 a year in dividends before tax, about $30.00 each quarter. Buying them costs about $6,323 at the Nov 5, 2026 price.

What is OVV's dividend yield?

As of Nov 5, 2026, OVV's forward dividend yield is 1.91%, based on a $1.20 annual dividend and a $63.23 share price.

What is OVV's dividend per share?

As of Nov 5, 2026, OVV pays $1.20 per share per year, distributed on a quarterly basis.

What is OVV's dividend payout ratio?

As of Nov 5, 2026, OVV's payout ratio is 24% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has OVV grown its dividend?

OVV does not currently have a long dividend-growth streak on record.

When is the next OVV ex-dividend date?

As of Nov 5, 2026, OVV's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.30 per share.

Income Calculator

At $1.20 / yr per share

Per payment (quarterly)$30.00
Annual$120.00
Monthly avg$10.00
Full OVV dividend calculator →

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.53%24 yrCVXCVXChevron Corporation3.28%38 yrPCCYFPCCYFPetroChina Company Limited5.85%EnergySHELSHELShell plc3.07%Energy

Compare OVV

OVV vs XOMOVV vs CVXOVV vs PCCYFOVV vs SHEL

Explore more

Lists and tools related to OVV