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

Surge Energy Inc. (OTCMKTS:ZPTAF) announced a dividend on Friday, May 24th, investing.com reports. Stockholders of record on Monday, June 3rd will be given a dividend of 0.0293 per share on Monday, June 17th. This represents a dividend yield of 7.01%. The ex-dividend date of this dividend is Friday, May 31st. This is a positive change from Surge Energy’s previous dividend of $0.03.

Surge Energy Stock Down 0.6 %

Shares of OTCMKTS:ZPTAF opened at $4.99 on Friday. The business’s 50 day moving average price is $5.47 and its 200-day moving average price is $5.25. Surge Energy has a 1 year low of $4.36 and a 1 year 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.