Surge Energy Inc (SGY) to Issue Monthly Dividend of $0.01 on August 15th
Surge Energy Inc (TSE:SGY) announced a monthly dividend on Tuesday, July 30th, TickerTech reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.0083 per share on Thursday, August 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date is Tuesday, July 30th.
SGY stock opened at C$1.28 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 56.97. The firm has a 50 day moving average of C$1.23. The stock has a market capitalization of $401.89 million and a price-to-earnings ratio of -4.34. Surge Energy has a 1 year low of C$1.06 and a 1 year high of C$2.73.
Surge Energy (TSE:SGY) last issued its quarterly earnings data on Monday, May 6th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$97.87 million during the quarter. Equities research analysts forecast that Surge Energy will post 0.03 earnings per share for the current fiscal year.
Surge Energy Company Profile
Surge Energy Inc engages in the exploration, development, and production of oil and gas in western Canada. It holds interest in the Greater Sawn Lake assets located in Northern Alberta; Nipisi property located to the north of the town of Slave Lake in northwestern Alberta; and Valhalla/Wembley property located to the northwest of Grand Prairie in northwestern Alberta.
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