Imperial Oil Limited (IMO) To Go Ex-Dividend on September 4th

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) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 4th.

Imperial Oil Trading Up 3.0%

Shares of IMO stock opened at C$187.68 on Wednesday. The stock has a 50-day moving average of C$175.98 and a 200-day moving average of C$173.14. Imperial Oil has a 1-year low of C$114.75 and a 1-year high of C$191.76. The stock has a market cap of C$90.76 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 0.21 and a beta of 0.40. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 17.11.

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

About Imperial Oil

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.