Surge Energy Inc. (OTCMKTS:ZPTAF) Increases Dividend to $0.03 Per Share

Surge Energy Inc. (OTCMKTS:ZPTAF) declared a dividend on Saturday, September 21st, investing.com reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.0319 per share on Tuesday, October 15th. This represents a dividend yield of 8.38%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Surge Energy’s previous dividend of $0.03.

Surge Energy Price Performance

Shares of OTCMKTS ZPTAF opened at $4.56 on Friday. The business’s 50 day moving average is $4.80 and its two-hundred day moving average is $5.12. Surge Energy has a 52-week low of $4.07 and a 52-week high of $7.16.

Surge Energy Company Profile

Surge Energy Inc explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc in June 2010.