CALGARY, Oct. 19, 2017 /CNW/ - Enerplus Corporation
("Enerplus") (TSX & NYSE: ERF) announces that a cash dividend
in the amount of CDN$0.01 per share
will be payable on November 15, 2017
to all shareholders of record at the close of business on
October 30, 2017. The ex-dividend
date for this payment is October 27,
2017.
The CDN$0.01 per share dividend is
equivalent to approximately US$0.01
per share if converted using the current Canadian/US dollar
exchange rate of 0.8009. 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.
About Us
Enerplus Corporation is a responsible
developer of high quality crude oil and natural gas assets in
Canada and the United States committed to creating value
for its shareholders through a disciplined capital investment
strategy.
Follow @EnerplusCorp on Twitter at
https://twitter.com/EnerplusCorp.
Ian C. Dundas
President & Chief Executive Officer
Enerplus Corporation
SOURCE Enerplus Corporation