Imperial declares fourth quarter 2023 dividend

Rhea-AI Summary

Imperial Oil Limited declares a quarterly dividend of 50 cents per share, payable on January 1, 2024. The company has a long history of growth and financial stability, paying dividends for over a century and increasing its annual dividend payment for 29 consecutive years.

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• Imperial Oil Limited declares a quarterly dividend of 50 cents per share, continuing its long history of dividend payments and annual increases.

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• None.

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on January 1, 2024, to shareholders of record at the close of business on December 1, 2023.

This fourth quarter 2023 dividend compares with the third quarter 2023 dividend of 50 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 29 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/20231027651014/en/

For further information:

Investor relations

(587) 962-4401

Media relations

(587) 476-7010

Source: Imperial

FAQ

What is the dividend declared by Imperial Oil Limited?

Imperial Oil Limited has declared a quarterly dividend of 50 cents per share.

When will the dividend be payable?

The dividend will be payable on January 1, 2024.

How long has Imperial Oil Limited been paying dividends?

Imperial Oil Limited has been paying dividends for over a century.

Has Imperial Oil Limited increased its dividend payment?

Yes, Imperial Oil Limited has increased its annual dividend payment for 29 consecutive years.