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

Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report) announced a quarterly dividend on Wednesday, June 10th. Stockholders of record on Thursday, June 25th will be given a dividend of 0.5469 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Thursday, June 25th.

Imperial Petroleum Stock Performance

NASDAQ IMPPP opened at $25.70 on Thursday. Imperial Petroleum has a 52 week low of $23.78 and a 52 week high of $27.78. The business has a 50 day moving average price of $26.06 and a 200-day moving average price of $26.02.

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Imperial Petroleum Company Profile

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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.

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