Imperial Oil Limited (IMO) Plans Quarterly Dividend of C$0.13
Imperial Oil Limited (TSE:IMO) announced a Quarterly dividend on Tuesday, September 2nd, AmericanBankingNews.com reports. Investors of record on Wednesday, October 1st will be paid a dividend of 0.13 per share on Wednesday, October 1st. This represents a dividend yield of 0.91%. The ex-dividend date is Tuesday, September 2nd.
A number of analysts have recently weighed in on IMO shares. Analysts at Barclays raised their price target on shares of Imperial Oil Limited to C$67.00 in a research note on Friday, July 25th. Analysts at CIBC raised their price target on shares of Imperial Oil Limited from C$59.00 to C$64.00 in a research note on Thursday, July 17th. They now have a “sector perform” rating on the stock. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of C$54.00.
Shares of Imperial Oil Limited (TSE:IMO) opened at 57.86 on Tuesday. Imperial Oil Limited has a 52-week low of $43.19 and a 52-week high of $57.96. The stock’s 50-day moving average is $56.14 and its 200-day moving average is $53.55. The company has a market cap of $49.065 billion and a P/E ratio of 12.53.
Imperial Oil Limited (TSE:IMO) last posted its quarterly earnings results on Monday, August 25th. The company reported $1.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.02 by $0.43. Analysts expect that Imperial Oil Limited will post $4.45 EPS for the current fiscal year.
Imperial Oil Limited (TSE:IMO) is an integrated oil company.
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