Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report) shares were up 0.7% during mid-day trading on Wednesday. The stock traded as high as $25.75 and last traded at $25.6750. Approximately 809 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 1,122 shares. The stock had previously closed at $25.50.
Imperial Petroleum Trading Down 0.1%
The stock’s 50 day simple moving average is $25.83 and its 200 day simple moving average is $25.95.
Imperial Petroleum Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 25th were paid a $0.5469 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date was Friday, September 25th.
About Imperial Petroleum
Imperial Petroleum Inc is a maritime transportation company focused on the ownership and operation of oceangoing vessels. The company provides seaborne transportation services for crude oil, refined petroleum products and other dry bulk commodities, serving customers engaged in international energy and commodity trade.
Imperial Petroleum’s fleet has included oil tankers and dry bulk carriers, allowing it to transport cargoes such as crude oil, petroleum products and bulk commodities between ports in global shipping markets.
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