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

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

Ovintiv Stock Performance

Shares of Ovintiv stock traded down C$0.28 during mid-day trading on Friday, hitting C$88.34. 130,640 shares of the stock were exchanged, compared to its average volume of 263,786. The company has a 50-day simple moving average of C$86.14 and a 200 day simple moving average of C$80.62. The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.51 and a current ratio of 1.01. Ovintiv has a 12 month low of C$50.13 and a 12 month high of C$93.43. The company has a market capitalization of C$24.43 billion, a P/E ratio of 24.68, a P/E/G ratio of 0.05 and a beta of 0.37.

About Ovintiv

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.