Stock Name: ERF
Amount: CAD 0.18
Announcement Date: 29/05/2012
Record Date: 06/06/2012
Dividend Detail:
CALGARY, May 29, 2012 /CNW/ - Enerplus Corporation ("Enerplus") (TSX:
ERF) (NYSE: ERF) is pleased to announce that a cash dividend in the
amount of CDN$0.18 per share will be payable on June 20, 2012 to all
shareholders of record at the close of business on June 8, 2012. The
ex-dividend date for this payment is June 6, 2012.
The CDN$0.18 per share dividend is equivalent to approximately US$0.18
per share if converted using a Canadian per US dollar exchange rate of
0.9765. 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.
The dividend paid by us is considered an "eligible dividend" for
Canadian tax purposes. For U.S. income tax purposes, dividends are
considered "qualified dividends".
On May 11, 2012 Enerplus shareholders approved the implementation of a
Stock Dividend Program ("SDP") for investors effective June 1, 2012.��
The SDP is now available to all shareholders of Enerplus, and replaces
the Dividend Reinvestment Plan ("DRIP") which was only available to
Canadian resident shareholders.�� Effective on May 25, 2012, the DRIP
plan was terminated. In order to participate in the new SDP and receive
stock dividends relating to the June 20 dividend payment date,
shareholders must contact their broker or financial intermediary on or
prior to June 4, 2012.�� If you are a registered owner, click here to
complete the enrollment form:�� https://www.enerplus.com/files/pdf/investor-relations/Enerplus_Stock%20Dividend_Form_E05.pdf.�� For more information on the benefits of the SDP please visit our
website at:�� http://www.enerplus.com/investor/dividends/stockdividendprogram.cfm.
Gordon J. Kerr
President & Chief Executive Officer
Enerplus Corporation
Except for the historical and present factual information contained
herein, the matters set forth in this news release, including words
such as "expects", "projects", "plans" and similar expressions, are
forward-looking information that represents management of Enerplus'
internal projections, expectations or beliefs concerning, among other
things, future operating results and various components thereof or the
economic performance of Enerplus. The projections, estimates and
beliefs contained in such forward-looking statements necessarily
involve known and unknown risks and uncertainties, which may cause
Enerplus' actual performance and financial results in future periods to
differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. These risks
and uncertainties include, among other things, those described in
Enerplus' filings with the Canadian and U.S. securities authorities.��
Accordingly, holders of Enerplus shares and potential investors are
cautioned that events or circumstances could cause results to differ
materially from those predicted.
For further information:
please call 1-800-319-6462 or e-mail��investorrelations@enerplus.com.
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