Imperial Oil increases quarterly dividend 20% to C$0.72 per share

Quarterly dividend increased by 20% from C$0.60 per share to C$0.72 per share. The company said, “Our 20% increase in the dividend reflects confidence in our plans as we enter 2025 with strong operational momentum underpinned by Upstream production growth, strong Downstream utilization and a continued focus on expense reduction,” said Corson.