Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report)’s share price rose 0.9% on Wednesday . The company traded as high as $24.20 and last traded at $23.96. Approximately 2,856 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 2,659 shares. The stock had previously closed at $23.75.
Imperial Petroleum Stock Up 0.9 %
The stock has a 50 day moving average of $23.58 and a two-hundred day moving average of $21.60.
Imperial Petroleum Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Tuesday, March 26th were paid a $0.5469 dividend. The ex-dividend date was Monday, March 25th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 9.13%.
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.
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