Imperial Petroleum (NASDAQ:IMPPP) Trading Up 0.8% – Here’s Why

Imperial Petroleum Inc. (NASDAQ:IMPPPGet Free Report) shares were up 0.8% on Tuesday . The stock traded as high as $24.73 and last traded at $24.75. Approximately 374 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 2,394 shares. The stock had previously closed at $24.55.

Imperial Petroleum Stock Up 0.8%

The company has a fifty day moving average of $24.23 and a two-hundred day moving average of $24.76.

Imperial Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.5469 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $2.19 annualized dividend and a yield of 8.84%.

About Imperial Petroleum

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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, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.

Further Reading

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