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

Imperial Petroleum Inc. (NASDAQ:IMPPP) declared a quarterly dividend on Wednesday, December 11th,Wall Street Journal reports. Investors of record on Tuesday, December 24th will be paid a dividend of 0.5469 per share on Monday, December 30th. This represents a $2.19 annualized dividend and a yield of 8.66%. The ex-dividend date is Tuesday, December 24th.

Imperial Petroleum Stock Down 0.7 %

NASDAQ IMPPP traded down $0.17 on Wednesday, hitting $25.25. 2,006 shares of the company were exchanged, compared to its average volume of 2,449. The firm has a 50 day moving average of $25.18 and a two-hundred day moving average of $24.98. Imperial Petroleum has a 1-year low of $19.84 and a 1-year high of $29.81.

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.