CALGARY, Dec. 20, 2013 /CNW/ - Enerplus Corporation
("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend
in the amount of CDN$0.09 per share
will be payable on January 20, 2014
to all shareholders of record at the close of business on
January 6, 2014. The ex-dividend date
for this payment is January 2,
2014.
The CDN$0.09 per share dividend is
equivalent to approximately US$0.084
per share if converted using the current Canadian/US dollar
exchange rate of 0.9367. The U.S. dollar equivalent dividend will
be based upon the actual Canadian/US exchange rate applied on the
payment date and will be net of any Canadian withholding taxes that
may be applicable.
The dividend paid by Enerplus is considered an "eligible
dividend" for Canadian tax purposes. For U.S. income tax purposes,
Enerplus' dividends are considered "qualified dividends".
Ian C. Dundas
President & Chief Executive Officer
Enerplus Corporation
Except for the historical and present factual
information contained herein, the matters set forth in this news
release, including words such as "expects", "projects", "plans" and
similar expressions, are forward-looking information that
represents management of Enerplus' internal projections,
expectations or beliefs concerning, among other things, future
operating results and various components thereof or the economic
performance of Enerplus. The projections, estimates and beliefs
contained in such forward-looking statements necessarily involve
known and unknown risks and uncertainties, which may cause
Enerplus' actual performance and financial results in future
periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other
things, those described in Enerplus' filings with the Canadian and
U.S. securities authorities. Accordingly, holders of Enerplus
shares and potential investors are cautioned that events or
circumstances could cause results to differ materially from those
predicted.
SOURCE Enerplus Corporation