SGY Ex-Dividend Reminder - 6/26/15

On 6/26/15, Surge Energy Inc. (TSX: SGY.TO) will trade ex-dividend, for its monthly dividend of $0.025, payable on 7/15/15. As a percentage of SGY's recent stock price of $4.01, this dividend works out to approximately 0.62%, so look for shares of Surge Energy Inc. to trade 0.62% lower — all else being equal — when SGY shares open for trading on 6/26/15.

Below is a dividend history chart for SGY, showing historical dividends prior to the most recent $0.025 declared by Surge Energy Inc.:


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 7.48% 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 $2.23 per share, with $8.82 as the 52 week high point — that compares with a last trade of $4.01.

According to the ETF Finder at ETF Channel, SGY makes up 1.56% of the SuperDividend ETF ( SDIV) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Surge Energy Inc. shares are currently up about 3.4% on the day.

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