CALGARY, July 19, 2016 /CNW/ - Enerplus Corporation
("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend
in the amount of CDN$0.01 per share
will be payable on August 15, 2016 to
all shareholders of record at the close of business on July 29, 2016. The ex-dividend date for this
payment is July 27, 2016.
The CDN$0.01 per share dividend is
equivalent to approximately US$0.01
per share if converted using the current Canadian/US dollar
exchange rate of 0.7702. 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. Dividends paid by Enerplus are considered an
"eligible dividend" for Canadian tax purposes. For U.S. income tax
purposes, Enerplus' dividends are considered "qualified
dividends".
For further information, including financial and operating
results and our most recent corporate presentation, please visit
our website at www.enerplus.com or phone 1-800-319-6462.
Shareholders may, upon request, obtain a hard copy of Enerplus'
complete audited financial statements free of charge.
About Us
Established in 1986, Enerplus is a
responsible developer of high quality crude oil and natural gas
assets in Canada and the United States, focused on providing both
growth and income to its shareholders.
Follow @EnerplusCorp on Twitter at
https://twitter.com/EnerplusCorp.
Ian C. Dundas
President & Chief Executive Officer
Enerplus Corporation
SOURCE Enerplus Corporation