Summary
Imperial Oil Limited (IMO) announced a quarterly cash dividend of 50 cents per common share for the fourth quarter of 2023. This dividend reflects the company's ongoing commitment to returning capital to shareholders. The payment date is scheduled for January 1, 2024, with the record date set for December 1, 2023, ensuring that shareholders holding the stock by early December will receive this distribution. This announcement, made via a press release filed with the SEC on October 27, 2023, provides clarity on the company's capital allocation strategy for the end of the year. Investors can anticipate this regular dividend payment as part of Imperial Oil's established dividend policy, signaling continued financial health and confidence in future performance.
Key Highlights
- 1Declaration of a Q4 2023 quarterly cash dividend of $0.50 per common share.
- 2Dividend payment date set for January 1, 2024.
- 3Record date for dividend eligibility is December 1, 2023.
- 4The announcement was made via a press release filed on October 27, 2023.
- 5This action underscores Imperial Oil's commitment to returning capital to shareholders.
- 6The filing includes the press release as an exhibit.