Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

Imperial Petroleum Inc. announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on September 30, 2026. The company, which operates a fleet of 21 vessels, has contracted to acquire four additional vessels, bringing its total fleet to 25 vessels with approximately 1.3 million deadweight tons capacity.