Surge Energy (TSE:SGY) has released an update.
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Surge Energy Inc. has declared a monthly cash dividend of $0.043333 per share payable on October 15, 2024, to its shareholders of record as of September 30, 2024. The dividend is recognized as eligible for tax purposes in Canada, reflecting the company’s commitment to providing shareholder returns. Surge Energy is known for its strategy of acquiring and enhancing conventional oil reservoirs to generate free cash flow.
For further insights into TSE:SGY stock, check out TipRanks’ Stock Analysis page.
