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

Surge Energy Inc. (OTCMKTS:ZPTAF) declared a dividend on Saturday, March 22nd, investing.com reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.0303 per share on Tuesday, April 15th. This represents a dividend yield of 8.68%. The ex-dividend date is Monday, March 31st.

Surge Energy Trading Down 0.5 %

Shares of OTCMKTS:ZPTAF opened at $4.19 on Monday. Surge Energy has a one year low of $3.29 and a one year high of $6.01. The business’s 50-day simple moving average is $3.90 and its 200 day simple moving average is $4.09.

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.