Imperial declares fourth quarter 2022 dividend

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced a quarterly dividend of 44 cents per share for Q4 2022, scheduled for payment on January 1, 2023, to shareholders recorded by the end of business on December 2, 2022. This is an increase from the 34 cents dividend in Q3 2022. With a history of over a century in dividend payments and a commitment to sustainability, Imperial Oil has raised its annual dividend for 28 consecutive years, reaffirming its financial stability in Canada’s petroleum industry.

Positive

• Quarterly dividend increased from 34 cents to 44 cents per share.
• Dividend payout reflects a strong financial performance and stability.
• Imperial has a history of paying dividends for over a century.

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• None.

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 44 cents per share on the outstanding common shares of the company, payable on January 1, 2023, to shareholders of record at the close of business on December 2, 2022.

This fourth quarter 2022 dividend compares with the third quarter 2022 dividend of 34 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 28 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/20221028005052/en/

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Source: Imperial Oil Limited

FAQ

What is the dividend amount for Imperial Oil Limited in Q4 2022?

The dividend amount for Q4 2022 is 44 cents per share.

When is the dividend payment date for Imperial Oil Limited?

The dividend payment date is January 1, 2023.

What was the previous dividend amount for Imperial Oil Limited before Q4 2022?

The previous dividend amount for Q3 2022 was 34 cents per share.

How long has Imperial Oil Limited consistently paid dividends?

Imperial Oil Limited has paid dividends every year for over a century.

How many consecutive years has Imperial Oil Limited increased its dividend?

Imperial Oil Limited has increased its annual dividend payment for 28 consecutive years.