Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report)’s share price rose 0.4% during trading on Monday . The stock traded as high as $25.00 and last traded at $25.00. Approximately 3,292 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 2,559 shares. The stock had previously closed at $24.89.
Imperial Petroleum Price Performance
The company has a 50-day moving average price of $25.16 and a 200 day moving average price of $24.82.
Imperial Petroleum Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.5469 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $2.19 annualized dividend and a dividend yield of 8.75%.
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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