Ex-Div Reminder For Surge Energy (SGY)

On 10/29/13, Surge Energy Inc. (TSX: SGY.TO) will trade ex-dividend, for its monthly dividend of $0.035, payable on 11/15/13. As a percentage of SGY's recent stock price of $7.01, this dividend works out to approximately 0.50%.

Below is a dividend history chart for SGY, showing historical dividends prior to the most recent $0.035 declared by Surge Energy Inc.:

SGY+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SGY is likely to continue, and whether the current estimated yield of 5.99% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SGY shares, versus its 200 day moving average:

Surge Energy Inc. 200 Day Moving Average Chart

Looking at the chart above, SGY's low point in its 52 week range is $2.68 per share, with $7.30 as the 52 week high point — that compares with a last trade of $7.03.

In Friday trading, Surge Energy Inc. shares are currently down about 0.1% on the day.
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