Trailing Dividend / Share
$1.19
Ovintiv Inc. (OVV) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
24.8%
Sustainable
Dividend Streak
5 years
3-Second Income Check
Safety
24.8% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 8.0% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$1.19
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout24.8%
Earnings SafetySustainable
FCF Payout8.5%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak5 years
3Y CAGR8.1%
5Y CAGR26.2%
Yield on Cost (5Y)8.0%
YOC Trendrising
Total Returns
Buyback Yield2.4%
Total Shareholder Yield4.7%
1Y Total Return19.2%
5Y Total Return126.6%
Div Contribution (5Y)20.3%
Estimated $10K growth (return + dividends):
5Y ago$22,65810Y ago$26,67320Y ago$18,686
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (25 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Ovintiv Inc. distributes 24.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 8.5%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
OVV has raised its dividend for 5 consecutive years, with a 3-year CAGR of 8.1% and 5-year CAGR of 26.2%.
Total Shareholder Returns
Beyond cash dividends, OVV returns capital through share repurchases. The combined picture: 2.3% dividend yield, 2.4% buyback yield, 4.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.0% and is currently rising. The 5-year total return is 126.6%, with dividends contributing 20.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $26,673 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$5.17
Avg/Payment$0.2587
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.3000 | — | 2.37% | Mar 31, 2026 |
| Dec 15, 2025 | $0.3000 | — | 3.06% | Dec 31, 2025 |
| Sep 15, 2025 | $0.3000 | — | 2.95% | Sep 29, 2025 |
| Jun 13, 2025 | $0.3000 | — | 2.87% | Jun 30, 2025 |
| Mar 14, 2025 | $0.3000 | — | 2.96% | Mar 31, 2025 |
| Dec 13, 2024 | $0.3000 | — | 2.96% | Dec 31, 2024 |
| Sep 13, 2024 | $0.3000 | — | 3.09% | Sep 27, 2024 |
| Jun 14, 2024 | $0.3000 | — | 2.62% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: U.S. shale oil focused producers
#7 yield in peer group
Div Yield
2.3%
#7 of 9
Safety
Sustainable
24.8% payout
Streak
5Y
26.2% 5Y CAGR
Total Shareholder
4.7%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
OVVOvintiv Inc. | $12.8B | 2.3% | 24.8% | 5 | Sustainable |
EOGEOG Resources, Inc. | $67.3B | 3.2% | — | 1 | Unknown |
FANGDiamondback Energy, … | $49.5B | 2.3% | 69.5% | 0 | Watch |
DVNDevon Energy Corpora… | $27.0B | 2.3% | 23.4% | 0 | Sustainable |
MTDRMatador Resources Co… | $6.5B | 2.5% | — | 5 | Unknown |
2nd CHRDChord Energy Corpora… | $6.2B | 5.1% | — | 0 | Unknown |
3rd SMSM Energy Company | $2.7B | 3.5% | — | 4 | Unknown |
1st CIVICivitas Resources, I… | $2.3B | 18.2% | 58.9% | 0 | Sustainable |
PRPermian Resources Co… | $1.5B | 3.3% | — | 0 | Unknown |
Annual Dividend History
26 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.30 | — | 1 | — | — | — | 2.0% |
| 2025 | $1.20 | 0.0% | 4 | $4.78 | 25.1% | 3.98x | 8.0% |
| 2024 | $1.20 | 4.3% | 4 | $4.21 | 28.5% | 3.51x | 8.0% |
| 2023 | $1.15 | 21.1% | 4 | $7.90 | 14.6% | 6.87x | 7.7% |
| 2022 | $0.95 | 103.2% | 4 | $14.08 | 6.7% | 14.82x | 6.3% |
| 2021 | $0.47 | 24.7% | 4 | $5.32 | 8.8% | 11.38x | 3.1% |
| 2020 | $0.38 | -1.3% | 4 | $-23.47 | — | — | 2.5% |
| 2019 | $0.38 | 26.7% | 4 | $0.90 | 42.2% | 2.37x | 2.5% |
| 2018 | $0.30 | 0.0% | 4 | $5.57 | 5.4% | 18.57x | 2.0% |
| 2017 | $0.30 | 0.0% | 4 | $4.25 | 7.1% | 14.17x | 2.0% |
See OVV's True Return
Price is only half the story. See total return with reinvested dividends.
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See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare OVV vs CRC
See how OVV stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
How much dividend does OVV pay per share?
Ovintiv Inc. (OVV) pays a trailing 12-month dividend of $1.19 per share, with a current dividend yield of +2.3%. Payments are made Annual.
When is OVV's next ex-dividend date?
OVV's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. OVV typically pays dividends Annual.
Is OVV's dividend safe?
OVV's dividend safety is rated "Sustainable" based on an earnings payout ratio of +24.8% and FCF payout ratio of +8.5%. The 5-year growth streak provides moderate confidence.
Is OVV a Dividend Payer?
Yes, Ovintiv Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +26.2%, demonstrating above-inflation dividend growth.
How often does OVV pay dividends?
Ovintiv Inc. pays dividends Annual. The trailing 12-month total is $1.19 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
How much would $10,000 invested in OVV grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in OVV five years ago would be worth approximately $22,658 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is OVV's yield on cost for long-term holders?
OVV's yield on cost — the current dividend divided by the original purchase price — is +8.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.