Ovintiv (OVV) Dividend Coverage Ratio (2019 - 2026)
Ovintiv's (OVV) Dividend Coverage Ratio was 5.43 for Q2 2026, up 36.2% from 3.99 a year earlier.
Ovintiv (OVV) Dividend Coverage Ratio (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ovintiv's Dividend Coverage Ratio came in at 2.86, up 49.3% year-over-year; for FY2025, it was 4.03, up 13.3% from FY2024.
- By year, Dividend Coverage Ratio came in at 3.56 in FY2024 (-47.6%), 6.79 in FY2023 (-55.4%), 15.22 in FY2022 (+31.1%) and 11.61 in FY2021.
- Five-year quarterly Dividend Coverage Ratio spans a low of -7.41 in Q1 2026 and a high of 38.44 in Q4 2021.
- Year over year, Dividend Coverage Ratio gained in two of the last four quarters, with an average decline of 2.3%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2026 (growth of 36.2%); the low point was Q2 2023 (a decline of 80.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -7.41 (Q1 2026), 12.45 (Q4 2025) and 1.92 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 5.00 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 3.45 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 2.60 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 5.29 |
| 10 | Ovintiv | 16.27 Bn | 15.24 Bn | 2.83 Bn | 5.43 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.43 |
| Mar 31, 2026 | -7.41 |
| Dec 31, 2025 | 12.45 |
| Sep 30, 2025 | 1.92 |
| Jun 30, 2025 | 3.99 |
| Mar 31, 2025 | -2.04 |
| Dec 31, 2024 | -0.77 |
| Sep 30, 2024 | 6.50 |
| Jun 30, 2024 | 4.25 |
| Mar 31, 2024 | 4.23 |
| Dec 31, 2023 | 10.44 |
| Sep 30, 2023 | 4.95 |
| Jun 30, 2023 | 4.10 |
| Mar 31, 2023 | 7.98 |
| Dec 31, 2022 | 21.89 |
| Sep 30, 2022 | 19.13 |
| Jun 30, 2022 | 21.20 |
| Mar 31, 2022 | -4.63 |
| Dec 31, 2021 | 38.44 |
| Sep 30, 2021 | -1.95 |
Ovintiv Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();