Imperial declares second quarter 2022 dividend

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE: IMO) has announced a quarterly dividend of 34 cents per share, payable on July 1, 2022, to shareholders of record by June 2, 2022. This dividend remains unchanged from the first quarter of 2022. Imperial boasts over a century of consistent dividend payments, with an impressive track record of increasing its annual dividend for 27 consecutive years. As Canada's largest petroleum refiner and a key player in crude oil production, Imperial maintains high operational standards while focusing on sustainable energy development.

Positive

• Quarterly dividend of 34 cents per share, consistent with first quarter 2022.
• Dividend increased for 27 consecutive years, indicating strong financial health.
• Long-standing history of paying dividends for over a century.

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 July 1, 2022, to shareholders of record at the close of business on June 2, 2022.

This second quarter 2022 dividend compares with the first 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 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/20220429005066/en/

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Source: Imperial

FAQ

What is the dividend amount declared by Imperial Oil Limited for Q2 2022?

Imperial Oil Limited declared a quarterly dividend of 34 cents per share for Q2 2022.

When is the dividend payable date for Imperial Oil Limited?

The dividend is payable on July 1, 2022.

When is the record date for the dividend payment of Imperial Oil Limited?

The record date for the dividend payment is June 2, 2022.

How long has Imperial Oil Limited been paying 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 for 27 consecutive years.