Surge Energy Inc. (OTCMKTS:ZPTAF) Declares Dividend of $0.03

Surge Energy Inc. (OTCMKTS:ZPTAF) announced a dividend on Saturday, July 20th, investing.com reports. Shareholders of record on Thursday, August 1st will be given a dividend of 0.0316 per share on Thursday, August 15th. This represents a yield of 7.25%. The ex-dividend date of this dividend is Wednesday, July 31st. This is an increase from Surge Energy’s previous dividend of $0.03.

Surge Energy Trading Down 1.1 %

ZPTAF opened at $4.94 on Tuesday. Surge Energy has a fifty-two week low of $4.36 and a fifty-two week high of $7.16. The firm’s fifty day moving average price is $5.11 and its two-hundred day moving average price is $5.15.

About Surge Energy

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.