CALGARY,
AB, Feb. 21, 2024 /CNW/ - Enerplus
Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced
that its dividend will increase 8%, to US$0.065 per share, effective with the
March 15, 2024 dividend, which is
payable to all shareholders of record at the close of business on
March 4, 2024. The ex-dividend date
for this payment is March 1,
2024.
The US$0.065 per share dividend is
equivalent to approximately CDN$0.088
per share if converted using the current US/Canadian dollar
exchange rate of 1.35. 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 "eligible dividends" 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.
SOURCE Enerplus Corporation