Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. The company holds interest in the Greater Sawn Lake assets located in Northern Alberta; Valhalla/Wembley property located in northwestern Alberta; Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 84% in approximately 123,884 net developed acres and approximately 83% in approximately 68,031 net undeveloped acres in Greater Sawn area; approximately 70% in approximately 22,920 net developed acres and approximately 72% in approximately 10,680 net undeveloped acres in Valhalla area; and approximately 90 % in approximately 59,655 net developed acres and 98% in approximately 47,398 net undeveloped acres in Sparky area. As of December 31, 2021, it held interests in 362 net oil and 20 net gas wells in Greater Sawn area; 100 net oil and 9 net gas wells in Valhalla area; 424 net oil and 6 net gas wells in Sparky area; and 185 net oil wells, as well as an average working interest of approximately 100% in approximately 24,249 net developed acres and 12,021 net undeveloped acres in the Shaunavon properties. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.
Surge Energy Dividend Announcement
• Surge Energy announced a monthly dividend of $0.03 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Surge Energy annual dividend for 2024 was $0.33
• Surge Energy annual dividend for 2023 was $0.36
• Surge Energy's trailing twelve-month (TTM) dividend yield is 9.92%
• Surge Energy's payout ratio for the trailing twelve months (TTM) is -60.58%
Surge Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.03 | monthly | 2024-12-16 |
| 2024-10-31 | $0.03 | monthly | 2024-11-15 |
| 2024-09-27 | $0.03 | monthly | 2024-10-15 |
| 2024-08-30 | $0.03 | monthly | 2024-09-16 |
| 2024-07-31 | $0.03 | monthly | 2024-08-15 |
| 2024-06-28 | $0.03 | monthly | 2024-07-15 |
| 2024-05-31 | $0.03 | monthly | 2024-06-17 |
| 2024-04-29 | $0.03 | monthly | 2024-05-15 |
| 2024-03-27 | $0.03 | monthly | 2024-04-15 |
| 2024-02-28 | $0.03 | monthly | 2024-03-15 |
| 2024-01-30 | $0.03 | monthly | 2024-02-15 |
| 2023-12-28 | $0.03 | monthly | 2024-01-15 |
| 2023-11-29 | $0.03 | monthly | 2023-12-15 |
| 2023-10-30 | $0.03 | monthly | 2023-11-15 |
| 2023-09-28 | $0.03 | monthly | 2023-10-16 |
| 2023-08-30 | $0.03 | monthly | 2023-09-15 |
| 2023-07-28 | $0.03 | monthly | 2023-08-15 |
| 2023-06-29 | $0.03 | monthly | 2023-07-17 |
| 2023-05-30 | $0.03 | monthly | 2023-06-15 |
| 2023-04-27 | $0.03 | monthly | 2023-05-15 |
| 2023-03-30 | $0.03 | monthly | 2023-04-17 |
| 2023-02-27 | $0.03 | monthly | 2023-03-15 |
| 2023-01-30 | $0.03 | monthly | 2023-02-15 |
| 2022-12-29 | $0.03 | monthly | 2023-01-16 |
| 2022-11-29 | $0.03 | monthly | 2022-12-15 |
| 2022-10-28 | $0.03 | monthly | 2022-11-15 |
| 2022-09-28 | $0.03 | monthly | 2022-10-17 |
| 2022-08-30 | $0.03 | monthly | 2022-09-15 |
| 2022-07-28 | $0.03 | monthly | 2022-08-15 |
| 2022-06-29 | $0.03 | monthly | 2022-07-15 |
| 2020-03-30 | $0.00 | monthly | 2020-04-15 |
| 2020-02-27 | $0.00 | monthly | 2020-03-16 |
| 2020-01-30 | $0.01 | monthly | 2020-02-17 |
| 2019-12-30 | $0.01 | monthly | 2020-01-15 |
| 2019-11-29 | $0.01 | monthly | 2019-12-16 |
| 2019-10-30 | $0.01 | monthly | 2019-11-15 |
| 2019-09-27 | $0.01 | monthly | 2019-10-15 |
| 2019-08-29 | $0.01 | monthly | 2019-09-16 |
| 2019-07-30 | $0.01 | monthly | 2019-08-15 |
| 2019-06-27 | $0.01 | monthly | 2019-07-15 |
| 2019-05-30 | $0.01 | monthly | 2019-06-17 |
| 2019-04-29 | $0.01 | monthly | 2019-05-15 |
| 2019-03-28 | $0.00 | monthly | 2019-04-15 |
| 2019-02-27 | $0.00 | monthly | 2019-03-15 |
| 2019-01-30 | $0.01 | monthly | 2019-02-15 |
| 2018-12-28 | $0.01 | monthly | 2019-01-15 |
| 2018-11-29 | $0.01 | monthly | 2018-12-17 |
| 2018-10-30 | $0.00 | monthly | 2018-11-15 |
| 2018-09-27 | $0.01 | monthly | 2018-10-15 |
| 2018-08-30 | $0.01 | monthly | 2018-09-17 |
| 2018-07-30 | $0.01 | monthly | 2018-08-15 |
| 2018-06-28 | $0.01 | monthly | 2018-07-16 |
| 2018-05-30 | $0.01 | monthly | 2018-06-15 |
| 2018-04-27 | $0.01 | monthly | 2018-05-15 |
| 2018-03-28 | $0.01 | monthly | 2018-04-16 |
| 2018-02-27 | $0.01 | monthly | 2018-03-15 |
| 2018-01-30 | $0.01 | monthly | 2018-02-15 |
| 2017-12-28 | $0.01 | monthly | 2018-01-15 |
| 2017-11-29 | $0.01 | monthly | 2017-12-15 |
| 2017-10-30 | $0.01 | monthly | 2017-11-15 |
| 2017-09-28 | $0.01 | monthly | 2017-10-16 |
| 2017-08-29 | $0.01 | monthly | 2017-09-15 |
| 2017-07-27 | $0.01 | monthly | 2017-08-15 |
| 2017-06-28 | $0.01 | monthly | 2017-07-17 |
| 2017-05-30 | $0.00 | monthly | |
| 2017-05-29 | $0.01 | monthly | 2017-06-15 |
| 2017-04-26 | $0.01 | monthly | 2017-05-15 |
| 2017-03-29 | $0.01 | monthly | 2017-04-15 |
| 2017-02-24 | $0.01 | monthly | 2017-03-15 |
| 2017-01-27 | $0.01 | monthly | 2017-02-15 |
| 2016-12-28 | $0.01 | monthly | |
| 2016-11-28 | $0.01 | monthly | |
| 2016-10-27 | $0.01 | monthly | |
| 2016-09-28 | $0.01 | monthly | |
| 2016-08-29 | $0.01 | monthly | |
| 2016-07-27 | $0.01 | monthly | |
| 2016-06-28 | $0.01 | monthly | |
| 2016-05-27 | $0.01 | monthly | |
| 2016-04-27 | $0.01 | monthly | |
| 2016-03-29 | $0.01 | monthly | |
| 2016-02-25 | $0.01 | monthly | |
| 2016-01-27 | $0.01 | monthly | |
| 2015-12-29 | $0.01 | monthly | |
| 2015-11-27 | $0.01 | monthly | |
| 2015-10-28 | $0.02 | monthly | |
| 2015-09-28 | $0.02 | monthly | |
| 2015-08-27 | $0.02 | monthly | |
| 2015-07-29 | $0.02 | monthly | |
| 2015-06-26 | $0.02 | monthly | |
| 2015-05-27 | $0.02 | monthly | |
| 2015-04-28 | $0.02 | monthly | |
| 2015-03-27 | $0.02 | monthly | |
| 2015-02-25 | $0.02 | monthly | |
| 2015-01-28 | $0.02 | monthly | |
| 2014-12-29 | $0.04 | monthly | |
| 2014-11-26 | $0.04 | monthly | |
| 2014-10-29 | $0.05 | monthly | |
| 2014-09-26 | $0.05 | monthly | |
| 2014-08-27 | $0.05 | monthly | |
| 2014-07-29 | $0.05 | monthly | |
| 2014-06-26 | $0.05 | monthly | |
| 2014-05-28 | $0.04 | monthly | |
| 2014-04-28 | $0.04 | monthly | |
| 2014-03-27 | $0.04 | monthly | |
| 2014-02-26 | $0.04 | monthly | |
| 2014-01-29 | $0.04 | monthly | |
| 2013-12-27 | $0.04 | monthly | |
| 2013-11-26 | $0.00 | monthly | |
| 2013-10-29 | $0.00 | monthly | |
| 2013-09-26 | $0.00 | monthly | |
| 2013-08-29 | $0.00 | monthly |
Surge Energy Dividend per year
Surge Energy Dividend growth
Surge Energy Dividend Yield
Surge Energy current trailing twelve-month (TTM) dividend yield is 9.92%. Interested in purchasing Surge Energy stock? Use our calculator to estimate your expected dividend yield:
Surge Energy Financial Ratios
P/E ratio-6.51
PEG ratio0.16
P/B ratio0.69
ROE-10.13%
Payout ratio-60.58%
Current ratio0.66
Quick ratio0.66
Cash Ratio0.10
Surge Energy Dividend FAQ
How much is the next Surge Energy dividend?
Surge Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Surge Energy dividend. The next Surge Energy dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Surge Energy dividend paid?
Surge Energy pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Surge Energy pay?
The specific amount of Surge Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Surge Energy's dividend history.
Does Surge Energy stock pay dividends?
Yes, Surge Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Surge Energy's dividend history.
How much dividend does Surge Energy pay?
Surge Energy paid $0.334 in 2024, $0.355 in 2023, $0.184 in 2022, $0.0 in 2021, and $0.007 in 2020.
How often does Surge Energy pay dividends?
Surge Energy typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is Surge Energy's dividend yield?
The current dividend yield for Surge Energy is 9.92%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Surge Energy's exact dividend yield.
When does Surge Energy go ex dividend?
Surge Energy's ex-dividend date for the latest dividend was on 2024-11-29. Surge Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Surge Energy dividend paid?
Surge Energy pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Surge Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Surge Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Surge Energy dividend per share?
Surge Energy paid $0.334 per share in 2024 and $0.355 per share in 2023. The amount of dividend per share that Surge Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Surge Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Surge Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Surge Energy a dividend stock?
Yes, Surge Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Surge Energy a good dividend stock?
Whether Surge Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Surge Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Surge Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Surge Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Surge Energy pay dividends monthly?
Surge Energy typically pays dividends on a monthly basis.
Does Surge Energy pay dividends quarterly?
Surge Energy currently pays dividends on a monthly basis.
Has Surge Energy ever paid a dividend?
Yes, Surge Energy has a history of paying dividends to its shareholders. Surge Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Surge Energy dividend stocks?
To buy Surge Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Surge Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Surge Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Surge Energy pay dividends 2024?
Surge Energy pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Surge Energy increase its dividend in 2024?
Decisions regarding Surge Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Surge Energy dividend overview you can look into the above table of dividend history.
How Surge Energy dividend works?
The Surge Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Surge Energy's dividend process works:
1. Determination of Dividend: Surge Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Surge Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Surge Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Surge Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Surge Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Surge Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Surge Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Surge Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Surge Energy dividends paid?
Surge Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Surge Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Surge Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Surge Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Surge Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Surge Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Surge Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Surge Energy pay dividends?
Surge Energy typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Surge Energy pay dividends?
The general pattern is that Surge Energy pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Surge Energy dividend safe?
The safety of Surge Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Surge Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Surge Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Surge Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Surge Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.