Ovintiv Inc. Declares Quarterly Dividend of $0.30 (NYSE:OVV)

Posted by Francis Steltz on May 12th, 2026

Ovintiv Inc. (NYSE:OVV – Get Free Report) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Monday, June 15th will be given a dividend of 0.30 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, June 15th.

Ovintiv has increased its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 4 years. Ovintiv has a dividend payout ratio of 21.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ovintiv to earn $6.51 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 18.4%.

Ovintiv Trading Up 2.1%

Ovintiv stock opened at $59.07 on Tuesday. The business has a 50-day simple moving average of $56.70 and a two-hundred day simple moving average of $46.53. The company has a market cap of $16.74 billion, a P/E ratio of 12.20, a P/E/G ratio of 1.94 and a beta of 0.57. Ovintiv has a 52-week low of $34.88 and a 52-week high of $63.46. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.39.

Ovintiv (NYSE:OVV – Get Free Report) last released its quarterly earnings results on Monday, February 23rd. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.89 billion. Ovintiv had a return on equity of 12.00% and a net margin of 13.94%.During the same period in the previous year, the company posted ($0.23) EPS. Analysts predict that Ovintiv will post 6.35 EPS for the current year.

Insider Buying and Selling

In related news, Director Howard John Mayson sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $52.39, for a total transaction of $261,950.00. Following the completion of the transaction, the director directly owned 45,780 shares in the company, valued at approximately $2,398,414.20. The trade was a 9.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Meghan Nicole Eilers sold 11,582 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $54.78, for a total value of $634,461.96. Following the transaction, the executive vice president owned 54,092 shares of the company’s stock, valued at approximately $2,963,159.76. This trade represents a 17.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.85% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Stifel Financial Corp grew its stake in shares of Ovintiv by 1.4% during the 4th quarter. Stifel Financial Corp now owns 19,113 shares of the company’s stock valued at $749,000 after acquiring an additional 269 shares during the period. Root Financial Partners LLC boosted its stake in Ovintiv by 43.2% in the 1st quarter. Root Financial Partners LLC now owns 918 shares of the company’s stock worth $54,000 after purchasing an additional 277 shares during the period. Deseret Mutual Benefit Administrators boosted its stake in Ovintiv by 27.6% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,328 shares of the company’s stock worth $52,000 after purchasing an additional 287 shares during the period. Fiduciary Financial Group LLC boosted its stake in Ovintiv by 3.2% in the 4th quarter. Fiduciary Financial Group LLC now owns 9,460 shares of the company’s stock worth $371,000 after purchasing an additional 297 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in Ovintiv by 2.6% in the 1st quarter. Sanctuary Advisors LLC now owns 13,020 shares of the company’s stock worth $773,000 after purchasing an additional 324 shares during the period. 83.81% of the stock is currently owned by institutional investors.

About Ovintiv

(Get Free Report)

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.