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

Financial News Live ·  03/23 19:43

Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Rating) announced a quarterly dividend on Saturday, March 18th, reports. Shareholders of record on Monday, March 27th will be given a dividend of 0.5469 per share on Thursday, March 30th. This represents a $2.19 dividend on an annualized basis and a yield of 10.80%. The ex-dividend date of this dividend is Friday, March 24th.

Imperial Petroleum Price Performance

NASDAQ:IMPPP opened at $20.25 on Thursday. The firm's 50 day moving average price is $20.47. Imperial Petroleum has a fifty-two week low of $17.95 and a fifty-two week high of $22.29.

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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; and crude oils. As of March 29, 2022, the company owned four medium range refined petroleum product tankers and one Aframax crude oil tanker with a total capacity of 305,804 deadweight tons.

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