Imperial Petroleum Declares $0.546875 Dividend on 8.75% Series A Preferred Shares
IMPP•Imperial Petroleum declared a $0.546875 per share dividend on its 8.75% Series A Preferred Stock, payable June 30, 2026 to holders of record as of June 25, 2026. The payment covers period from March 30 to June 29, 2026 and applies to 795,878 outstanding Series A Preferred Shares.
1. Dividend Declaration
Imperial Petroleum declared a cash dividend of $0.546875 per share on its 8.75% Series A Preferred Stock, payable June 30, 2026 to holders of record as of June 25, 2026. There are 795,878 Series A Preferred Shares outstanding, covering the period from March 30 through June 29, 2026.
2. Company Fleet and Capacity
The ship-owning company operates 21 vessels including M.R. product tankers, suezmax tankers and drybulk carriers with a total capacity of approximately 1,324,000 deadweight tons. It has contracted to acquire four handysize drybulk carriers and one product tanker, which will expand its fleet to 26 vessels and increase capacity to about 1.5 million deadweight tons.
