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

Surge Energy Inc. (OTCMKTS:ZPTAF) announced a dividend on Wednesday, April 23rd, investing.com reports. Investors of record on Thursday, May 1st will be paid a dividend of 0.0313 per share on Thursday, May 15th. This represents a dividend yield of 10.43%. The ex-dividend date is Wednesday, April 30th. This is a 3.1% increase from Surge Energy’s previous dividend of $0.03.

Surge Energy Stock Performance

Shares of ZPTAF opened at $3.57 on Monday. Surge Energy has a 12 month low of $3.11 and a 12 month high of $5.76. The stock has a fifty day moving average price of $3.79 and a 200 day moving average price of $3.96.

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.