Imperial Petroleum Inc. (NASDAQ:IMPPP) Declares Quarterly Dividend of $0.55

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Friday, September 11th. Stockholders of record on Friday, September 25th will be given a dividend of 0.5469 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Friday, September 25th.

Imperial Petroleum Stock Performance

Imperial Petroleum stock opened at $26.11 on Wednesday. Imperial Petroleum has a fifty-two week low of $24.85 and a fifty-two week high of $27.78. The firm’s 50-day simple moving average is $25.88 and its 200 day simple moving average is $26.04.

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. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons.