Imperial Petroleum Inc. (NASDAQ:IMPPP – Get Free Report) traded down 1.5% during trading on Thursday . The stock traded as low as $25.35 and last traded at $25.35. 253 shares were traded during mid-day trading, a decline of 89% from the average session volume of 2,210 shares. The stock had previously closed at $25.73.
Imperial Petroleum Stock Performance
The company has a 50-day moving average of $25.38 and a two-hundred day moving average of $25.10.
Imperial Petroleum Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a $0.5469 dividend. This represents a $2.19 annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend was Thursday, September 25th.
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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