Imperial Petroleum Declares $0.546875 Dividend on Series A Preferred Shares
Imperial Petroleum Inc. declared a $0.546875 per share dividend on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable March 30 to holders of record on March 25, covering the period December 30, 2025 to March 29, 2026. There are 795,878 shares outstanding.
1. Dividend Declaration
Imperial Petroleum Inc. announced a cash distribution of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, with payment scheduled for March 30, 2026 to shareholders of record as of March 25, 2026.
2. Outstanding Shares and Coverage Period
The dividend covers the quarter from December 30, 2025 through March 29, 2026 and applies to 795,878 Series A Preferred Shares currently outstanding on the Nasdaq Capital Market under the symbol IMPPP.
3. Company Fleet and Growth
Imperial Petroleum owns 20 vessels totaling approximately 1,291,000 deadweight tons and has contracts to acquire five handysize drybulk carriers and one product tanker adding 223,400 dwt, which will bring its fleet to 26 vessels and about 1.5 million dwt capacity.