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

Imperial Petroleum Inc. (NASDAQ:IMPPP) declared a quarterly dividend on Wednesday, June 10th. Investors of record on Thursday, June 25th will be given a dividend of 0.5469 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Thursday, June 25th.

Imperial Petroleum Stock Down 0.1%

Imperial Petroleum stock opened at $25.70 on Thursday. The stock’s 50 day moving average is $26.06 and its 200 day moving average is $26.02. Imperial Petroleum has a one year low of $23.78 and a one year high of $27.78.

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.