Imperial Petroleum Inc. (IMPPP) to Issue Quarterly Dividend of $0.55 on December 30th

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders of record on Tuesday, December 24th will be paid a dividend of 0.5469 per share on Monday, December 30th. This represents a $2.19 annualized dividend and a dividend yield of 8.69%. The ex-dividend date of this dividend is Tuesday, December 24th.

Imperial Petroleum Trading Down 0.3 %

Imperial Petroleum stock traded down $0.07 during mid-day trading on Thursday, reaching $25.18. The stock had a trading volume of 339 shares, compared to its average volume of 2,440. Imperial Petroleum has a fifty-two week low of $20.06 and a fifty-two week high of $29.81. The stock’s 50-day simple moving average is $25.18 and its 200-day simple moving average is $24.98.

About Imperial Petroleum

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.