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Imperial declares first quarter 2025 dividend

1. Imperial Oil declared a quarterly dividend of 72 cents per share. 2. This is an increase from the previous dividend of 60 cents. 3. The company has paid dividends for over a century. 4. Imperial has increased its annual dividend for 30 consecutive years. 5. Imperial maintains leadership in Canada's petroleum industry.

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FAQ

Why Bullish?

The increased dividend reflects strong financial performance, positively impacting investor sentiment.

How important is it?

The dividend increase is significant, indicating ongoing financial health and commitment to shareholders.

Why Short Term?

Dividends typically influence stock price in the short term, attracting investors immediately.

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TSE: IMONYSE: IMO
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 72 cents per share on the outstanding common shares of the company, payable on April 1, 2025, to shareholders of record at the close of business on March 5, 2025. This first quarter 2025 dividend compares with the fourth quarter 2024 dividend of 60 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 30 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.

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