Imperial Petroleum (NASDAQ:IMPPP – Get Free Report) is expected to be issuing its results before the market opens on Thursday, December 11th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $41.20 million for the quarter.
Imperial Petroleum Stock Up 0.5%
Shares of IMPPP opened at $25.81 on Monday. The firm’s 50 day moving average is $25.54 and its 200-day moving average is $25.34. Imperial Petroleum has a 12-month low of $22.91 and a 12-month high of $26.07.
Imperial Petroleum Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.5469 dividend. The ex-dividend date was Thursday, September 25th. This represents a $2.19 annualized dividend and a yield of 8.5%.
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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