Imperial declares first quarter 2022 dividend

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced a quarterly dividend of 34 cents per share, payable on April 1, 2022, to shareholders of record as of March 3, 2022. This marks an increase from the 27 cents per share dividend declared for the fourth quarter of 2021. With over a century of dividend payments, Imperial has raised its annual dividend for 27 consecutive years, reflecting its financial stability and growth in Canada's petroleum industry.

Positive

• Quarterly dividend increased from 27 cents to 34 cents per share.
• Imperial has raised dividends for 27 consecutive years.
• Long history of financial stability and growth in the petroleum industry.

Negative

• None.

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 34 cents per share on the outstanding common shares of the company, payable on April 1, 2022, to shareholders of record at the close of business on March 3, 2022.

This first quarter 2022 dividend compares with the fourth quarter 2021 dividend of 27 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 27 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/20220201005330/en/

Investor relations

(587) 476-4743

Media relations

(587) 476-7010

Source: Imperial

FAQ

What is the dividend amount declared by Imperial Oil for Q1 2022?

Imperial Oil declared a dividend of 34 cents per share for Q1 2022.

When will the dividend for Imperial Oil be paid?

The dividend will be paid on April 1, 2022.

What was the previous dividend amount for Imperial Oil before Q1 2022?

The previous dividend amount was 27 cents per share for Q4 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 dividend for 27 consecutive years.