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Imperial Oil (TSX:IMO) 3-Year Dividend Growth Rate

: 30.10% (As of Dec. 2023)
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Imperial Oil's Dividends per Share for the three months ended in Dec. 2023 was C$0.50.

The historical rank and industry rank for Imperial Oil's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:IMO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 5.9   Max: 30.1
Current: 30.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Imperial Oil was 30.10% per year. The lowest was 1.80% per year. And the median was 5.90% per year.

TSX:IMO's 3-Year Dividend Growth Rate is ranked better than
65.46% of 304 companies
in the Oil & Gas industry
Industry Median: 14.5 vs TSX:IMO: 30.10

During the past 12 months, Imperial Oil's average Dividends Per Share Growth Rate was 32.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Imperial Oil's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22. As of today, Imperial Oil's Dividend Yield % is 2.20%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Integrated subindustry, Imperial Oil's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Imperial Oil 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Imperial Oil's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Imperial Oil's 3-Year Dividend Growth Rate falls into.



Imperial Oil 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Imperial Oil  (TSX:IMO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Imperial Oil's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 2.327
=0.21

During the past 13 years, the highest Dividend Payout Ratio of Imperial Oil was 3.96. The lowest was 0.13. And the median was 0.30.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Imperial Oil Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.6002024-03-012024-03-042024-04-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5002023-11-302023-12-012024-01-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5002023-08-312023-09-012023-10-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5002023-06-012023-06-022023-07-01Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Imperial Oil's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.1/96.49
=2.18 %

Current Share Price is C$96.49.
Imperial Oil's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$2.1.

During the past 13 years, the highest Dividend Yield of Imperial Oil was 6.53%. The lowest was 0.88%. And the median was 1.71%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Imperial Oil 3-Year Dividend Growth Rate Related Terms>


Imperial Oil (TSX:IMO) Business Description

Industry
Traded in Other Exchanges
Address
505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.

Imperial Oil (TSX:IMO) Headlines

From GuruFocus

Imperial declares fourth quarter 2023 dividend

By Business Wire 10-27-2023

Imperial declares second quarter 2023 dividend

By Business Wire Business Wire 04-28-2023

Imperial to hold 2023 Second Quarter Earnings Call

By Business Wire 07-18-2023

Imperial to hold 2023 Fourth Quarter Earnings Call

By Business Wire 01-17-2024

Imperial reports voting results for election of directors

By Business Wire Business Wire 05-02-2023

Imperial to hold 2022 Fourth Quarter Earnings Call

By Business Wire Business Wire 01-19-2023