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

Surge Energy Inc. (OTCMKTS:ZPTAF) announced a dividend on Thursday, March 21st, investing.com reports. Stockholders of record on Thursday, March 28th will be given a dividend of 0.0296 per share on Monday, April 15th. This represents a dividend yield of 6.62%. The ex-dividend date of this dividend is Wednesday, March 27th.

Surge Energy Price Performance

OTCMKTS:ZPTAF traded up $0.16 during mid-day trading on Tuesday, hitting $5.60. 25,391 shares of the company’s stock traded hands, compared to its average volume of 48,514. Surge Energy has a 12 month low of $4.36 and a 12 month high of $7.17. The firm has a 50 day moving average of $4.92 and a two-hundred day moving average of $5.60.

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.