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

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

Surge Energy Stock Performance

OTCMKTS:ZPTAF opened at $4.57 on Wednesday. Surge Energy has a one year low of $4.07 and a one year high of $7.16. The business has a fifty day moving average price of $4.77 and a 200-day moving average price of $5.12.

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.