Imperial Petroleum Announces Dividend, Reflecting Financial Stability
Athens, Friday, 12 September 2025.
Imperial Petroleum Inc. declared a significant dividend on Series A preferred shares, indicating stability and focus on shareholder value amidst a volatile energy market.
Imperial Petroleum’s Strategic Dividend Announcement
On September 12, 2025, Imperial Petroleum Inc. (NASDAQ: IMPP), a leading ship-owning company headquartered in Athens, Greece, announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend will be paid on September 30, 2025, to shareholders recorded as of September 25, 2025 [1].
Fleet Expansion and Market Position
Imperial Petroleum Inc. operates a fleet of 19 vessels, including seven M.R. product tankers, two suezmax tankers, and ten drybulk carriers, with a total capacity of 1,195,000 deadweight tons (dwt). The company has contracted to acquire an additional three drybulk carriers with a combined capacity of 164,400 dwt. Upon the delivery of these vessels, the company’s fleet will expand to 22 vessels, boasting a total capacity of 1.4 million dwt [1].
Performance Metrics and Market Sentiment
As of September 11, 2025, Imperial Petroleum’s stock was valued at $4.12 per share, with a market capitalization of $141.74 million [2]. Despite a recent increase in short interest by 6.20%, indicating some bearish sentiment, the stock has a consensus ‘Buy’ rating with a price target of $6.00, suggesting a potential upside of approximately 47.1% [3][4].
Financial Highlights and Future Outlook
Imperial Petroleum reported earnings of $0.37 per share for the quarter ending September 5, 2025, surpassing analysts’ estimates by $0.33. The company generated revenue of $36.35 million, exceeding expectations and reflecting strong operational performance [3]. Despite these positive results, the company’s revenue and net income saw a decline compared to the previous year, highlighting ongoing challenges in the energy market [5].