Imperial Oil Declares CAD 0.87 Per Share Quarterly Dividend and Reports Earnings Beat
Imperial Oil (IMO) has announced a quarterly dividend of CAD 0.87 per share, maintaining its previous payout level. The dividend carries a forward yield of approximately 1.9%, with the ex-dividend date set for December 3 and payment scheduled for January 1. In addition to the dividend announcement, the company reported strong financial results, with non-GAAP earnings per share (EPS) of C$5.11, exceeding analyst expectations by C$0.29. Revenue also outperformed estimates, coming in at C$16.21 billion, which was C$630 million higher than anticipated.
Tickers: $IMO