Imperial Oil Limited (TSE:IMO) to Issue $0.87 Quarterly Dividend

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) announced a quarterly dividend on Friday, September 4th. Shareholders of record on Thursday, October 1st will be given a dividend of 0.87 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, September 4th.

Imperial Oil Price Performance

TSE:IMO opened at C$187.68 on Wednesday. Imperial Oil has a 52 week low of C$114.75 and a 52 week high of C$191.76. The stock’s fifty day moving average is C$175.98 and its two-hundred day moving average is C$173.14. The company has a market capitalization of C$90.76 billion, a P/E ratio of 21.93, a P/E/G ratio of 0.21 and a beta of 0.40. The company has a quick ratio of 0.98, a current ratio of 1.38 and a debt-to-equity ratio of 17.11.

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) last released its quarterly earnings results on Friday, July 31st. The company reported C$4.52 earnings per share for the quarter. The business had revenue of C$15.98 billion during the quarter. Imperial Oil had a return on equity of 18.76% and a net margin of 7.81%. Equities analysts expect that Imperial Oil will post 8.6164609 EPS for the current year.

Imperial Oil Company Profile

Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.