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

Key Points

• Ovintiv Inc. has declared a quarterly dividend of $0.30 per share, with shareholders of record set to be paid on September 29th.
• The company currently has a market capitalization of C$14.91 billion and a debt-to-equity ratio of 63.59.
• Ovintiv's annualized dividend yield is 2.1%, and the stock's recent trading price was C$58.01.

Ovintiv Inc. (TSE:OVV - Get Free Report) declared a quarterly dividend on Monday, September 15th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be paid a dividend of 0.30 per share on Monday, September 29th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, September 15th.

Ovintiv Price Performance

TSE OVV traded down C$0.58 during trading on Friday, hitting C$58.01. 113,295 shares of the company's stock were exchanged, compared to its average volume of 174,867. The stock's 50 day moving average price is C$55.96 and its two-hundred day moving average price is C$53.98. Ovintiv has a fifty-two week low of C$42.35 and a fifty-two week high of C$66.67. The company has a current ratio of 0.52, a quick ratio of 0.51 and a debt-to-equity ratio of 63.59. The company has a market cap of C$14.91 billion, a PE ratio of 25.56, a P/E/G ratio of 0.05 and a beta of 1.01.

About Ovintiv

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.

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