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

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Sunday, September 15th, Wall Street Journal reports. Stockholders of record on Wednesday, September 25th will be given a dividend of 0.5469 per share on Monday, September 30th. This represents a $2.19 annualized dividend and a dividend yield of 8.55%. The ex-dividend date of this dividend is Wednesday, September 25th.

Imperial Petroleum Trading Up 0.6 %

NASDAQ IMPPP opened at $25.60 on Monday. The firm’s 50 day moving average price is $24.82 and its 200-day moving average price is $24.51. Imperial Petroleum has a 52-week low of $18.71 and a 52-week high of $26.74.

About Imperial Petroleum

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.