Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report) declared a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Wednesday, March 26th will be given a dividend of 0.5469 per share on Monday, March 31st. This represents a $2.19 annualized dividend and a dividend yield of 8.88%. The ex-dividend date is Wednesday, March 26th.
Imperial Petroleum has increased its dividend payment by an average of 155.4% annually over the last three years.
Imperial Petroleum Stock Down 1.5 %
IMPPP stock opened at $24.63 on Thursday. The company has a 50-day simple moving average of $24.93 and a 200 day simple moving average of $25.09. Imperial Petroleum has a fifty-two week low of $22.89 and a fifty-two week 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.
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