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

Imperial Petroleum Inc. (NASDAQ:IMPPP) announced a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders 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 dividend yield of 8.51%. The ex-dividend date of this dividend is Tuesday, December 24th.

Imperial Petroleum Price Performance

IMPPP stock opened at $25.70 on Friday. The business’s 50 day simple moving average is $25.21 and its 200 day simple moving average is $25.03. Imperial Petroleum has a 1-year low of $20.06 and a 1-year high of $29.81.

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.