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

Ovintiv Inc. (TSE:OVV – Get Free Report) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of 0.30 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 15th.

Ovintiv Stock Performance

Shares of Ovintiv stock traded down C$0.28 during trading on Friday, hitting C$88.34. 130,640 shares of the company’s stock traded hands, compared to its average volume of 263,786. Ovintiv has a 1 year low of C$50.13 and a 1 year high of C$93.43. The business has a 50-day simple moving average of C$86.14 and a 200-day simple moving average of C$80.62. The stock has a market capitalization of C$24.43 billion, a P/E ratio of 24.68, a PEG ratio of 0.05 and a beta of 0.37. The company has a debt-to-equity ratio of 43.73, a current ratio of 1.01 and a quick ratio of 0.51.

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Ovintiv Company Profile

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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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