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

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Friday, September 11th. Investors 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 yield of 8.4%. The ex-dividend date of this dividend is Friday, September 25th.

Imperial Petroleum Trading Up 0.0%

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

Imperial Petroleum Company Profile

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.