Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

Rhea-AI Summary

Imperial Petroleum (NASDAQ:IMPP), a shipping company specializing in petroleum products, crude oil, and drybulk transportation, has declared a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. The dividend will be paid on September 30, 2025 to shareholders of record as of September 25, 2025.

The dividend covers the period from June 30, 2025, through September 29, 2025. Currently, there are 795,878 Series A Preferred Shares outstanding, trading under the symbol "IMPPP" on the Nasdaq Capital Market.

Positive

• Consistent quarterly dividend payment maintained for preferred shareholders
• Company continues to honor its preferred dividend obligations

Negative

• None.

ATHENS, Greece, Sept. 12, 2025 (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 September 30, 2025 to holders of record as of September 25, 2025. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on June 30, 2025 through September 29, 2025.

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 nineteen vessels on the water - seven M.R. product tankers, two suezmax tankers and ten drybulk carriers - with a total capacity of 1,195,000 deadweight tons (dwt) and has contracted to acquire an additional three drybulk carriers of 164,400 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 22 vessels with an aggregate capacity of 1.4 million dwt. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

Forward-Looking Statements

Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although IMPERIAL PETROLEUM INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, IMPERIAL PETROLEUM INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Risks and uncertainties are further described in reports filed by IMPERIAL PETROLEUM INC. with the U.S. Securities and Exchange Commission.

Company Contact:

Fenia Sakellaris

IMPERIAL PETROLEUM INC.

E-mail: info@imperialpetro.com

FAQ

What is the dividend amount for IMPP Series A Preferred Shares in September 2025?

Imperial Petroleum declared a dividend of $0.546875 per share on its 8.75% Series A Preferred Shares.

When is the IMPP Series A Preferred dividend payable?

The dividend is payable on September 30, 2025 to holders of record as of September 25, 2025.

How many IMPP Series A Preferred Shares are outstanding?

There are 795,878 Series A Preferred Shares outstanding as of September 12, 2025.

What is the trading symbol for IMPP's Series A Preferred Shares?

The Series A Preferred Shares trade on the Nasdaq Capital Market under the symbol IMPPP.

What period does IMPP's preferred dividend payment cover?

The dividend payment covers the period from June 30, 2025 through September 29, 2025.