Imperial Petroleum (NASDAQ:IMPPP – Get Free Report) is anticipated to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.7280 per share and revenue of $72.0660 million for the quarter.
Imperial Petroleum Trading Down 0.3%
Shares of IMPPP opened at $25.98 on Wednesday. Imperial Petroleum has a 1-year low of $24.85 and a 1-year high of $27.78. The firm has a 50-day simple moving average of $25.94 and a two-hundred day simple moving average of $26.04.
Imperial Petroleum Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.5469 dividend. This represents a $2.19 annualized dividend and a dividend yield of 8.4%. The ex-dividend date was Thursday, June 25th.
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. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons.
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