Imperial Petroleum Inc. (IMPPP) to Issue Quarterly Dividend of $0.55 on December 30th

Imperial Petroleum Inc. (NASDAQ:IMPPP) declared a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Tuesday, December 24th will be given a dividend of 0.5469 per share on Monday, December 30th. This represents a $2.19 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date of this dividend is Tuesday, December 24th.

Imperial Petroleum Stock Up 0.4 %

IMPPP stock opened at $25.70 on Friday. Imperial Petroleum has a fifty-two week low of $20.06 and a fifty-two week high of $29.81. The business has a 50-day moving average of $25.21 and a 200-day moving average of $25.03.

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.