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

Imperial Petroleum Inc. (NASDAQ:IMPPPGet Free Report) declared a quarterly dividend on Thursday, March 14th, Wall Street Journal reports. Investors of record on Tuesday, March 26th will be given a dividend of 0.5469 per share on Monday, April 1st. This represents a $2.19 annualized dividend and a yield of 9.02%. The ex-dividend date of this dividend is Monday, March 25th.

Imperial Petroleum Stock Up 0.4 %

Shares of Imperial Petroleum stock opened at $24.25 on Friday. Imperial Petroleum has a 1-year low of $18.00 and a 1-year high of $25.25. The firm’s 50-day moving average price is $22.25 and its two-hundred day moving average price is $20.75.

About Imperial Petroleum

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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.

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Dividend History for Imperial Petroleum (NASDAQ:IMPPP)

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