Surge Energy (TSE:SGY) has released an update.
Surge Energy Inc. has announced a dividend of $0.04 per share for June 2024 production, payable to shareholders on record as of June 30, 2024, with the distribution date set for July 15, 2024. The company, traded on the TSX under the symbol SGY, prides itself on generating shareholder returns through free cash flow by acquiring and developing high-quality conventional oil reservoirs. The dividend has been designated as eligible for the purposes of the Income Tax Act in Canada.
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