Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

ATHENS, Greece, June 16, 2023 (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 approximately $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on June 30, 2023 to holders of record as of June 27, 2023. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on March 30, 2023 through June 29, 2023.