CALGARY, AB, Nov. 4, 2021 /CNW/ - Enerplus Corporation
("Enerplus") (TSX:ERF) (NYSE: ERF) today announced a quarterly cash
dividend of CDN$0.041 per share, an
8% increase from the previous CDN$0.038 per share. The increase is effective
with the December 15, 2021 dividend
payment to all shareholders of record at the close of business on
November 30, 2021. The ex-dividend
date for this payment is November 29,
The CDN$0.041 per share dividend
is equivalent to approximately US$0.033 per share if converted using the
current Canadian/US dollar exchange rate of 0.8053. 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.
Enerplus is an independent North
American oil and gas exploration and production company focused on
creating long-term value for its shareholders through a
disciplined, returns-based capital allocation strategy and a
commitment to safe, responsible operations.
SOURCE Enerplus Corporation