Ovintiv Inc Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   USD per share 
 Price  6.33
 Dividend  0.37
 Earnings  0.86
 Cash-flow  10.55
 Book value  31.65
 Equity  31.85

Ovintiv Inc is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Ovintiv Inc is a company from USA, and his stocks are publicly traded.

Ovintiv Inc paid a total dividend of 96 million USD last year, for a market value of 1,646 millions (Market Cap 1,640 millions). Dividend per share of Ovintiv Inc is 0.37 USD, and his stock market price 6.33 USD.

According to the chart below, where dividend yield is displayed, Ovintiv Inc has a dividend yield of 5.92%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Ovintiv Inc dividend yield with other Oil and Gas Producers companies or firms from USA.

Dividend yield of Ovintiv Inc

Ovintiv Inc Dividend Payout

About the ability of Ovintiv Inc to maintain his current dividend of USD 0.37 per share, an amount that accounts for 5.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ovintiv Inc payout on ernings is currently 43.02%, which is higher than the market average, but lower than companies of Oil and Gas industry, which are 41.09% and 48.69% respectively. Both figures show that Ovintiv Inc should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Ovintiv Inc is USD 10.55 per share, which is higher than the dividend per share paid by the company of USD 0.37, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ovintiv Inc, compared againt world market average, USA companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Ovintiv Inc payout

Ovintiv Inc Stock performance

Finally, last moth Ovintiv Inc showed a return of 134.40% compared to a worldwide 10.27% average, and a 22.02% of Oil and Gas firms. Over the last year, the company obtained a 0.00% versus a worldwide performance of a -13.38%. More detailed information can be seen in the following graph for USA and Oil and Gas Producers firms.

Ovintiv Inc stock and market return

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