Ovintiv Inc. Ranks Among Top 10 Dividend Stocks in Energy Sector
Strong Valuation and Profitability Metrics Highlight Ovintiv’s Appeal
Ovintiv Inc (Symbol: OVV) has been recognized as one of the Top 10 dividend-paying energy stocks by Dividend Channel in its latest “DividendRank” report. This report emphasized the stock’s attractive valuation and solid profitability. Additionally, it pointed out Ovintiv’s robust quarterly dividend history and promising long-term growth rates in essential financial indicators.
According to the report, “Dividend investors focused on value typically seek out strong, profitable companies that are also trading at appealing prices. Our proprietary DividendRank formula helps identify these opportunities by ranking stocks based on both profitability and valuation criteria, offering a list of compelling investment candidates for further research.“
Ovintiv Inc. currently pays an annual dividend of $1.2 per share, distributed quarterly. The most recent ex-dividend date was December 13, 2024. Below, you’ll find a chart depicting Ovintiv’s long-term dividend history, which Dividend Channel notes is crucial for evaluating the sustainability of the most recent dividend payouts.
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Additional Information:
- Canadian Stocks Going Ex-Dividend
- OIS Stock Predictions
- Institutional Holders of JELD
The views and opinions expressed herein are solely those of the author and do not necessarily reflect those of Nasdaq, Inc.
