Dividends
As announced on May 6, 2021, Enerplus' Board of Directors approved the change in dividend payment frequency from
monthly to quarterly. On February 24, 2022, Enerplus also changed its dividend to be declared in US dollars.
Dividend payments continue to
be made on or about the 15th of March, June, September and December. Record dates and ex-dividend dates are on or
about the last business day of the month prior to payment. For Canadian shareholders, 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.
Dividend Tax Info
Dividends paid by Enerplus are generally expected to be considered "eligible dividends" for Canadian income tax
purposes. For U.S. income tax purposes, Enerplus' dividends are considered "qualified dividends". This designation
will apply until a notification
of a change is posted on this website.
Shareholders are encouraged to consult their tax advisors should they have questions relating to the tax treatment of
Enerplus' dividends and the computation of the cost base of their investment in Enerplus.