Imperial declares first quarter 2021 dividend

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced a quarterly dividend of 22 cents per share, payable on April 1, 2021, to shareholders on record by March 2, 2021. This marks an unchanged dividend from Q4 2020. With a century-long history in the petroleum industry, Imperial has consistently paid dividends for over 100 years and has raised its annual dividend for 26 consecutive years, showcasing financial stability and growth.

Positive

• Quarterly dividend of 22 cents per share maintains previous level.
• Long history of dividend payments with 26 consecutive years of increases.
• Demonstrates strong financial stability and growth in the petroleum industry.

Negative

• None.

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on April 1, 2021, to shareholders of record at the close of business on March 2, 2021.

This first quarter 2021 dividend compares with the fourth quarter 2020 dividend of 22 cents per share.

Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The company has paid dividends every year for over a century and has increased its annual dividend payment for 26 consecutive years.

Source: Imperial

After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210202005169/en/

FAQ

What is the dividend amount announced by Imperial Oil for Q1 2021?

The announced dividend amount is 22 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 1, 2021.

What is the record date for the latest dividend payment?

The record date for the dividend payment is March 2, 2021.

How long has Imperial Oil been paying dividends?

Imperial Oil has been paying dividends for over a century.

How many consecutive years has Imperial Oil increased its dividend?

Imperial Oil has increased its annual dividend for 26 consecutive years.