Surge Energy Inc. Declares $0.043333 per Share Dividend for September 2025

viernes, 15 de agosto de 2025, 6:04 am ET1 min de lectura

Surge Energy Inc. confirms a cash dividend of $0.043333 per share for August 2025 production. The dividend is payable on September 15, 2025, to shareholders of record on August 31, 2025. Surge is an intermediate oil company focused on generating free cash flow through acquiring and developing high-quality oil reservoirs.

Surge Energy Inc. (TSX: SGY) has announced a cash dividend of $0.043333 per share for August 2025 production. The dividend is payable on September 15, 2025, to shareholders of record on August 31, 2025. This announcement comes as part of the company's strategy to enhance shareholder returns through free cash flow generation [2].

Surge Energy is an intermediate oil company focused on acquiring and developing high-quality conventional oil reservoirs. The company employs proven technology to enhance ultimate oil recoveries, aligning with its defined operating strategy. The dividend is eligible for the purposes of the Income Tax Act (Canada) [2].

The company's most recent dividend payment was on September 15, 2023, amounting to $0.04 per share [1]. The dividend yield for Surge Energy currently stands at 5.25%, with an annual dividend of $0.48 per share [1]. The company pays dividends monthly, with the next payment scheduled for October 16, 2023.

References:
[1] https://www.marketbeat.com/stocks/TSE/SGY/dividend/
[2] https://finance.yahoo.com/news/surge-energy-inc-confirms-september-100000872.html

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