CALGARY, AB, Feb. 24, 2022 /CNW/ - Enerplus Corporation
("Enerplus") (TSX: ERF) (NYSE: ERF) today declared a
quarterly cash dividend of US$0.033
per share. The dividend is effective with the March 15, 2022 dividend payment and applies to
all shareholders of record at the close of business on March 4, 2022. The ex-dividend date for this
payment is March 3, 2022.
The US$0.033 per share dividend is
equivalent to approximately CDN$0.042 per share if converted using the
current US/Canadian dollar exchange rate of 1.2830. 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.
SOURCE Enerplus Corporation