IMPPP - IMPERIAL PETROLEUM INC. Declares Dividend on Series A Preferred Shares | Benzinga
ATHENS, Greece, March 14, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ:IMPP) (the "Company"), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Shares"), payable on April 1, 2024 to holders of record as of March 26, 2024. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on December 30, 2023 through March 29, 2024.
There are 795,878 Series A Preferred Shares outstanding as of the date hereof. The Series A Preferred Shares trade on the Nasdaq Capital Market under the ticker symbol "IMPPP."
ABOUT IMPERIAL PETROLEUM INC.
IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of eleven vessels: six M.R. product tankers, two suezmax tankers, one aframax tanker and ...