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

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Friday, September 11th. Shareholders of record on Friday, September 25th will be paid 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 is Friday, September 25th.

Imperial Petroleum Stock Performance

Shares of IMPPP stock opened at $26.11 on Wednesday. The firm’s 50 day moving average is $25.88 and its 200 day moving average is $26.04. Imperial Petroleum has a 12 month low of $24.85 and a 12 month 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.