Imperial Oil Limited (IMO) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
IMO Dividend Income Check
Safety
42.9% payout ratio with sustainable safety profile.
Consistency
27 straight years of dividend increases.
Income Trend
Yield on cost is 10.7% and trend is rising.
IMO Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). IMO's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
IMO Income Growth Story
Dividend per share and yield on cost over time (43 years of payments)
IMO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Imperial Oil Limited distributes 42.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 29.4%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
IMO has raised its dividend for 27 consecutive years, with a 3-year CAGR of 22.5% and 5-year CAGR of 25.4%.
Total Shareholder Returns
Beyond cash dividends, IMO returns capital through share repurchases. The combined picture: 1.5% dividend yield, 3.6% buyback yield, 5.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 10.7% and is currently rising. The 5-year total return is 361.3%, with dividends contributing 25.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $46,083 today.
IMO Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 5, 2026Latest | $0.6424 | ↑ +24.5% | 1.86% | Apr 1, 2026 |
| Dec 3, 2025 | $0.5161 | ↓ -0.9% | 2.15% | Jan 1, 2026 |
| Sep 4, 2025 | $0.5206 | ↓ -1.2% | 2.25% | Oct 1, 2025 |
| Jun 4, 2025 | $0.5267 | ↑ +5.3% | 2.62% | Jul 1, 2025 |
| Mar 5, 2025 | $0.5002 | ↑ +19.1% | 2.82% | Apr 1, 2025 |
| Dec 3, 2024 | $0.4200 | ↓ -5.2% | 2.40% | Jan 1, 2025 |
| Sep 4, 2024 | $0.4430 | ↑ +0.7% | 2.38% | Oct 1, 2024 |
| Jun 3, 2024 | $0.4400 | ↓ -0.5% | 2.43% | Jul 1, 2024 |
IMO Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $66.1B | 1.5% | 42.9% | 27 | Sustainable | |
| $57.4B | 1.9% | 36.2% | 0 | Sustainable | |
3rd | $83.0B | 2.4% | 47.4% | 4 | Sustainable |
1st | $99.8B | 3.6% | 45.0% | 2 | Sustainable |
| $766M | 0.6% | — | 0 | Unknown | |
| $76.7B | 1.4% | 28.2% | 4 | Sustainable | |
| $75.8B | 1.8% | 59.8% | 15 | Sustainable | |
2nd | $72.3B | 2.6% | 43.7% | 13 | Sustainable |
| $5.4B | 2.4% | — | 3 | Unknown |
IMO Annual Dividend History (1984–2026)
43 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.64 | — | 1 | — | — | — | 3.3% |
| 2025 | $2.06 | 18.2% | 4 | $6.48 | 31.8% | 3.14x | 10.7% |
| 2024 | $1.75 | 22.2% | 4 | $9.02 | 19.3% | 5.17x | 9.0% |
| 2023 | $1.43 | 27.2% | 4 | $8.49 | 16.8% | 5.94x | 7.4% |
| 2022 | $1.12 | 36.6% | 4 | $11.36 | 9.9% | 10.12x | 5.8% |
| 2021 | $0.82 | 23.2% | 4 | $3.51 | 23.4% | 4.27x | 4.2% |
| 2020 | $0.67 | 4.5% | 4 | $-2.53 | — | — | 3.4% |
| 2019 | $0.64 | 5.4% | 4 | $2.95 | 21.6% | 4.62x | 3.3% |
| 2018 | $0.61 | 25.1% | 4 | $2.85 | 21.2% | 4.71x | 3.1% |
| 2017 | $0.48 | -0.0% | 4 | $0.59 | 82.3% | 1.22x | 2.5% |
Full IMO Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See IMO's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs IMO Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare IMO vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonIMO — Frequently Asked Questions
Quick answers to the most common questions about buying IMO stock.
How much dividend does IMO pay per share?
Imperial Oil Limited (IMO) pays a trailing 12-month dividend of $2.78 per share, with a current dividend yield of +1.5%. Payments are made Annual.
When is IMO's next ex-dividend date?
IMO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. IMO typically pays dividends Annual.
Is IMO's dividend safe?
IMO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +42.9% and FCF payout ratio of +29.4%. With 27 consecutive years of dividend growth, the track record supports sustainability.
Is IMO a Dividend Aristocrat?
Yes, Imperial Oil Limited is classified as a Dividend Aristocrat with 27 consecutive years of dividend increases. The 5-year dividend CAGR is +25.4%, demonstrating above-inflation dividend growth.
How often does IMO pay dividends?
Imperial Oil Limited pays dividends Annual. The trailing 12-month total is $2.78 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in IMO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in IMO five years ago would be worth approximately $46,129 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is IMO's yield on cost for long-term holders?
IMO's yield on cost — the current dividend divided by the original purchase price — is +10.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.5% market yield, thanks to consistent dividend growth.