Imperial declares second quarter 2021 dividend

Rhea-AI Summary

Imperial Oil declared a quarterly dividend of 27 cents per share, payable on July 1, 2021, to shareholders of record as of June 3, 2021. This marks an increase from the 22 cents per share dividend in the previous quarter. The company has a robust history, paying dividends annually for over a century and increasing them for 26 consecutive years. As Canada's largest petroleum refiner and a significant crude oil producer, Imperial is committed to high standards and innovation in developing energy resources responsibly.

Positive

• Increased quarterly dividend to 27 cents per share from 22 cents.
• Consistent dividend payments for over a century.
• 26 consecutive years of annual dividend increases.

Negative

• None.

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 27 cents per share on the outstanding common shares of the company, payable on July 1, 2021, to shareholders of record at the close of business on June 3, 2021.

This second quarter 2021 dividend compares with the first quarter 2021 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.

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.

Source: Imperial

View source version on businesswire.com: https://www.businesswire.com/news/home/20210430005065/en/

FAQ

What is the dividend amount declared by Imperial Oil?

Imperial Oil declared a quarterly dividend of 27 cents per share.

When will the dividend be paid?

The dividend will be paid on July 1, 2021.

What was the previous dividend amount for Imperial Oil?

The previous dividend amount was 22 cents per share.

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 payment for 26 consecutive years.