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

Imperial Oil Limited (NYSEAMERICAN:IMO – Get Free Report) (TSE:IMO) announced a quarterly dividend on Friday, May 1st. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.87 per share by the energy company on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 4th.

Imperial Oil has a payout ratio of 41.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Imperial Oil to earn $8.45 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 24.9%.

Get Imperial Oil alerts:

Imperial Oil Price Performance

Shares of Imperial Oil stock opened at $120.80 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.02 and a current ratio of 1.23. The firm’s 50-day simple moving average is $128.87 and its 200-day simple moving average is $111.87. Imperial Oil has a twelve month low of $70.99 and a twelve month high of $139.44. The firm has a market cap of $58.42 billion, a P/E ratio of 28.49 and a beta of 0.43.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on IMO. Zacks Research upgraded shares of Imperial Oil from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Royal Bank Of Canada lowered shares of Imperial Oil from a “sector perform” rating to an “underperform” rating and set a $116.00 price target on the stock. in a research report on Monday, February 23rd. Finally, TD Securities restated a “sell” rating on shares of Imperial Oil in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $116.00.

View Our Latest Report on IMO

Imperial Oil Company Profile

(Get Free Report)

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.

Read More

• Five stocks we like better than Imperial Oil
• Why 1 Little-Known ETF Is Riding the AI Chip Shortage
• Why These Three Big Buybacks Are Sending Very Different Signals to Investors
• Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
• Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance

Receive News & Ratings for Imperial Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Oil and related companies with MarketBeat.com's FREE daily email newsletter.