CALGARY, Feb. 2, 2018 /CNW/ - Imperial Oil Limited today declared a quarterly dividend of 16 cents per share on the outstanding common shares of the company, payable on April 1, 2018, to shareholders of record at the close of business on March 2, 2018.

This first quarter 2018 dividend compares with the fourth quarter 2017 dividend of 16 cents per share.

Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The company has paid dividends every year for over a century and has increased its annual dividend payment for 23 consecutive years.

After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada's energy resources. As Canada's largest petroleum refiner, a major producer of crude oil and natural gas, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.

SOURCE Imperial Oil Limited

Copyright 2018 Canada NewsWire

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