Ovintiv Inc. to Issue Quarterly Dividend of $0.30 (TSE:OVV)

Ovintiv Inc. (TSE:OVVGet Free Report) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be paid 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 1.5%. The ex-dividend date is Monday, June 15th.

Ovintiv Trading Up 1.7%

Shares of OVV traded up C$1.35 during trading hours on Friday, hitting C$80.24. The stock had a trading volume of 196,287 shares, compared to its average volume of 300,937. The company has a debt-to-equity ratio of 66.59, a quick ratio of 0.51 and a current ratio of 0.56. The firm has a market cap of C$22.55 billion, a P/E ratio of 26.39, a P/E/G ratio of 0.05 and a beta of 0.44. The company’s fifty day simple moving average is C$79.53 and its 200 day simple moving average is C$68.57. Ovintiv has a 12-month low of C$50.13 and a 12-month high of C$86.86.

Ovintiv (TSE:OVVGet Free Report) last issued its earnings results on Monday, May 11th. The company reported C($3.27) earnings per share for the quarter. The firm had revenue of C$3.52 billion during the quarter. Ovintiv had a return on equity of 7.13% and a net margin of 8.59%. Equities research analysts forecast that Ovintiv will post 5.6577693 EPS for the current fiscal year.

About Ovintiv

(Get Free Report)

Ovintiv Inc is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.

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Dividend History for Ovintiv (TSE:OVV)

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