CALGARY,
AB, Nov. 3, 2022 /CNW/ - Enerplus
Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced
that it has received Board approval to increase the amount of its
quarterly dividend by 10%. The December
2022 quarterly cash dividend will be in the amount of
US$0.055 per share and payable on
December 15, 2022 to all shareholders
of record at the close of business on November 30, 2022. The ex-dividend date for this
payment is November 29, 2022.
The US$0.055 per share dividend is
equivalent to approximately CDN$0.075
per share if converted using the current US/Canadian dollar
exchange rate of 1.37. The CDN dollar equivalent dividend will be
based upon the US/Canadian exchange rate closer to 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