Imperial Oil Limited (NYSEAMERICAN:IMO – Get Free Report) (TSE:IMO) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, September 4th will be given a dividend of 0.87 per share by the energy company on Thursday, October 1st. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, September 4th.
Imperial Oil has a dividend payout ratio of 41.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Imperial Oil to earn $9.01 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 23.3%.
Imperial Oil Trading Up 0.6%
Shares of NYSEAMERICAN IMO opened at $129.57 on Friday. The company’s fifty day moving average is $120.60 and its 200-day moving average is $120.44. The stock has a market cap of $62.66 billion, a price-to-earnings ratio of 30.56 and a beta of 0.45. Imperial Oil has a twelve month low of $81.87 and a twelve month high of $139.44. The company has a quick ratio of 1.02, a current ratio of 1.23 and a debt-to-equity ratio of 0.17.
Key Headlines Impacting Imperial Oil
- Positive Sentiment: Strong Q2 earnings: Imperial Oil reported second-quarter net income of C$2.19 billion, or C$4.52 per diluted share, compared with C$949 million and C$1.86 per share a year earlier. Revenue increased 43% year over year, while earnings exceeded the reported analyst consensus of C$3.61 per share. Imperial announces second quarter 2026 financial and operating results
- Positive Sentiment: Commodity tailwind: Coverage attributed the earnings improvement in part to a rally in crude prices, which benefited Imperial’s upstream and refining operations. A Zacks report also identified an earnings beat, although its adjusted-per-share figure of C$3.27 differs from the company-reported result. Imperial Oil beats quarterly profit estimates as crude rally lifts earnings
- Positive Sentiment: Dividend supported: Imperial declared a quarterly dividend of C$0.87 per share, payable October 1 to shareholders of record September 4. The payout was unchanged from the prior quarter and represents an annualized yield of approximately 2.7%. Imperial declares third quarter 2026 dividend
- Neutral Sentiment: Capital and exploration spending rose to C$531 million in the quarter from C$473 million a year earlier. While investment may support future production, it also increases near-term spending.
Imperial Oil Company Profile
Imperial Oil (NYSEAMERICAN: IMO) is a Canadian integrated energy company involved in the exploration, production, refining and marketing of petroleum and petrochemical products. Headquartered in Calgary, Alberta, Imperial has operated in Canada for well over a century and is one of the country’s long-standing energy firms. The company is majority-owned by Exxon Mobil Corporation, which provides strategic and technical links to global upstream and downstream capabilities.
Imperial’s operations span upstream activities—exploration and production of crude oil, natural gas and oil-sands resources—and downstream operations including refining, manufacturing of fuels and lubricants, petrochemical products, and retail distribution.
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