Imperial Petroleum Inc. operates within the global maritime transport sector, providing critical shipping solutions to entities like oil producers, refineries, and commodities traders. The company specializes in the seaborne conveyance of a broad range of liquid cargoes. This encompasses various refined petroleum products, including gasoline, diesel, fuel oil, and jet fuel, alongside crude oil, edible oils, and chemicals. As of March 29, 2022, its fleet consisted of four medium-range tankers designed for refined petroleum products and one Aframax crude oil tanker, collectively boasting a carrying capacity of 305,804 deadweight tons. Established in 2021, Imperial Petroleum Inc. maintains its headquarters in Athens, Greece.
Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares
Imperial Petroleum declared a quarterly dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
The dividend is payable on June 30, 2026, to holders of record as of June 25, 2026, covering the period from March 30, 2026, through June 29, 2026.
There are 795,878 Series A Preferred Shares outstanding, which trade under the ticker IMPPP on the Nasdaq Capital Market.