CALGARY, AB, Oct. 20, 2020 /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 16, 2020
to all shareholders of record at the close of business on
October 30, 2020. The ex-dividend
date for this payment is October 29,
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 0.7596. 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.
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.
Ian C. Dundas
President & Chief Executive Officer
SOURCE Enerplus Corporation