Imperial Petroleum (NASDAQ:IMPPP) Stock Price Down 0.2% – What’s Next?

Shares of Imperial Petroleum Inc. (NASDAQ:IMPPPGet Free Report) fell 0.2% during trading on Tuesday . The stock traded as low as $24.49 and last traded at $24.77. 2,363 shares changed hands during trading, an increase of 28% from the average session volume of 1,841 shares. The stock had previously closed at $24.82.

Imperial Petroleum Stock Performance

The firm’s 50-day moving average is $24.93 and its 200 day moving average is $25.09.

Imperial Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Tuesday, December 24th were issued a $0.5469 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date was Tuesday, December 24th.

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.

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