Reported 1 day ago
Imperial Oil Limited (NYSE:IMO), the largest petroleum refiner in Canada, is highlighted as one of the best Canadian dividend stocks to invest in. Benefiting from the support of Exxon Mobil and a fully integrated operational structure, Imperial Oil has shown strong first-quarter earnings in 2025, including stable cash flows and a commitment to dividends, exemplified by a 20% increase to C$0.72 per share. With 31 consecutive years of dividend growth and a 2.57% yield, the company is viewed as a reliable dividend pick in the Canadian energy sector.
Source: YAHOO