The Canadian-based Surge Energy has confirmed that its cash dividend set to be payable on Sept. 15 will amount to CA$0.04 per share, according to an Aug. 15 press release.
The dividend is payable only to Surge shareholders of record as of Aug. 31. It is considered an eligible dividend for purposes of the Income Tax Act in Canada.
Surge Energy is a publicly traded oil company based in Calgary.
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