Imperial declares third quarter 2023 dividend

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) declares a quarterly dividend of 50 cents per share, payable on October 1, 2023, to shareholders of record at the close of business on September 1, 2023. The company has a long history of growth and financial stability in Canada's petroleum industry, paying dividends for over a century and increasing its annual dividend payment for 28 consecutive years.

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• Imperial Oil's consistent dividend payments and 28 years of consecutive annual dividend increases reflect the company's financial stability and commitment to shareholder value.

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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 October 1, 2023, to shareholders of record at the close of business on September 1, 2023.

This third quarter 2023 dividend compares with the second 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 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/20230728414725/en/

For further information:

Investor relations

(587) 476-4743

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 is the dividend payable?

The dividend is payable on October 1, 2023.

How long has Imperial Oil been paying dividends?

Imperial Oil has been paying dividends for over a century and has increased its annual dividend payment for 28 consecutive years.

What is Imperial Oil's position in Canada's energy industry?

Imperial Oil is Canada's largest petroleum refiner, a major crude oil producer, a key petrochemical producer, and a leading fuels marketer from coast to coast.