Ovintiv Inc. (TSE:OVV – Get Free Report) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Investors of record on Friday, June 14th will be paid a dividend of 0.413 per share on Friday, June 28th. This represents a $1.65 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Friday, June 14th. This is a boost from Ovintiv’s previous quarterly dividend of $0.40.
Ovintiv Trading Down 0.1 %
OVV traded down C$0.06 during trading on Thursday, reaching C$69.80. 58,932 shares of the company’s stock were exchanged, compared to its average volume of 126,943. The company has a current ratio of 0.60, a quick ratio of 0.51 and a debt-to-equity ratio of 64.45. Ovintiv has a one year low of C$43.23 and a one year high of C$76.63. The firm has a fifty day moving average price of C$70.60 and a two-hundred day moving average price of C$63.35. The stock has a market capitalization of C$18.77 billion, a PE ratio of 6.47, a price-to-earnings-growth ratio of 0.05 and a beta of 2.69.
Ovintiv (TSE:OVV – Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported C$3.20 earnings per share for the quarter, beating analysts’ consensus estimates of C$2.61 by C$0.59. The business had revenue of C$4.31 billion during the quarter, compared to the consensus estimate of C$3.69 billion. Ovintiv had a return on equity of 23.09% and a net margin of 19.56%. As a group, equities research analysts forecast that Ovintiv will post 8.1245634 earnings per share for the current fiscal year.
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About Ovintiv
Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.
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