Imperial Oil Holds Dividend At 87 Cents A Share, Keeping A 32-Year Run Of Annual Raises Intact
The Calgary oil company says it has paid dividends every year for over a century, with the next payment due January 1, 2027.
Imperial Oil, which Exxon Mobil owns about 69.6% of, declared a fourth-quarter dividend of 87 cents per share on Friday, the same as the third-quarter payout, according to an 8-K filed that day.
Same payout, longer streak
The board set the quarterly cash dividend at 87 cents on the outstanding common shares. The company's news release compares it directly with the third-quarter 2026 dividend, also 87 cents.
Imperial said it has paid dividends every year for over a century and has raised its annual dividend payment for 32 consecutive years. In the release, it described its history as one of "growth and financial stability in Canada."
Shareholders of record at the close of business on December 3, 2026 will receive the payment on January 1, 2027.
A Canadian integrated oil major
Imperial is a Canadian integrated oil company. It produces crude oil and natural gas, including oil sands bitumen and synthetic crude, refines crude at three refineries, and sells petroleum products and petrochemicals, according to its 10-K for the year ended December 31, 2025.
It sells fuel under the Esso and Mobil brands, with about 2,600 branded sites at the end of 2025. Its chemical segment makes solvents, plasticizer intermediates and polyethylene resin. The company had about 5,000 regular employees at the end of 2025.
In the release, Imperial calls itself Canada's largest petroleum refiner, a major crude oil producer, a key petrochemical producer and a leading fuels marketer. Its shares trade on the Toronto Stock Exchange and NYSE American under the symbol IMO.
If you hold shares at the close of business on December 3, 2026, the 87-cent payment arrives on January 1, 2027.
Sources
- 8-K Filing — IMPERIAL OIL LTD (IMO) — SEC EDGAR
- Exhibit q42026dividend8-kexhibit.htm — IMPERIAL OIL LTD 8-K exhibit — SEC EDGAR
