CALGARY,
AB, May 5, 2022 /CNW/ - Enerplus Corporation
("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that it has
received Board approval to increase the amount of its dividend by
30%. The June 2022 quarterly cash
dividend will be in the amount of US$0.043 per share and payable on June 15, 2022, to all shareholders of record at
the close of business on May 27,
2022. The ex-dividend date for this payment is May 26, 2022.
The US$0.043 per share dividend is
equivalent to approximately CDN$0.055
per share if converted using the current US/Canadian dollar
exchange rate of 1.28. The CDN dollar equivalent dividend will be
based upon the actual US/Canadian exchange rate applied on the
payment date. Payments to shareholders who are not residents of
Canada 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 Enerplus
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.
Follow @EnerplusCorp on Twitter at
https://twitter.com/EnerplusCorp.
SOURCE Enerplus Corporation