Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

Rhea-AI Summary

Imperial Petroleum (Nasdaq: IMPP) declared a cash dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (IMPPP).

The dividend covers March 30–June 29, 2026, is payable on June 30, 2026 to holders of record on June 25, 2026, with 795,878 Series A shares outstanding.

Positive

• Declared $0.546875 per share dividend on Series A preferred stock
• Dividend payable June 30, 2026 to holders of record on June 25, 2026
• Applies to 795,878 Series A preferred shares currently outstanding

Negative

• None.

News Market Reaction – IMPP

+1.93%

+1.93% Session close to close

In the Jun 10 session, IMPP gained 1.93%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

ATHENS, Greece, June 10, 2026 (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 June 30, 2026 to holders of record as of June 25, 2026. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on March 30, 2026 through June 29, 2026.

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 twenty-one vessels on the water - seven M.R. product tankers, two suezmax tankers, four handysize drybulk carriers, five supramax drybulk carriers, two kamsarmax drybulk vessels and a post panamax drybulk carrier - with a total capacity of approximately 1,324,000 deadweight tons (dwt) and has contracted to acquire an additional four handysize drybulk carriers and a product tanker of 190,400 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 26 vessels with an aggregate capacity of about 1.5 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 dividend did Imperial Petroleum (Nasdaq: IMPP) declare on its Series A preferred shares?

Imperial Petroleum declared a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. According to the company, this dividend covers the period from March 30, 2026 through June 29, 2026 for outstanding Series A shares.

When is the record date for Imperial Petroleum's IMPPP Series A preferred dividend in June 2026?

The record date for Imperial Petroleum’s Series A preferred dividend is June 25, 2026. According to the company, holders of IMPPP on that date will be entitled to receive the $0.546875 per share dividend paid on June 30, 2026.

When will Imperial Petroleum pay the June 2026 dividend on its Series A preferred stock IMPPP?

Imperial Petroleum will pay the Series A preferred dividend on June 30, 2026. According to the company, the $0.546875 per share payment applies to shareholders of record as of June 25, 2026, covering the period ending June 29, 2026.

How many Imperial Petroleum Series A preferred shares are outstanding for the June 2026 dividend?

There are 795,878 Series A preferred shares outstanding as of the announcement date. According to the company, this share count determines how many IMPPP shares will receive the $0.546875 per share dividend payable on June 30, 2026.

What is the trading symbol for Imperial Petroleum's 8.75% Series A preferred stock paying the June 2026 dividend?

Imperial Petroleum’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock trades under the symbol IMPPP. According to the company, these IMPPP shares will receive a $0.546875 per share dividend, with a record date of June 25, 2026 and payment on June 30, 2026.