CALGARY, May 23, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF)
(NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share
will be payable on June 20, 2014 to all shareholders of record at the close of
business on June 5, 2014. The ex-dividend date for this payment is June 3,
The CDN$0.09 per share dividend is equivalent to approximately US$0.08 per
share if converted using the current Canadian/US dollar exchange rate of
0.9176. 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
Ian C. Dundas
President & Chief Executive Officer
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.
SOURCE Enerplus Corporation
For further information, including financial and operating results and our
most recent corporate presentation, please visit our website
atwww.enerplus.com, or phone 1-800-319-6462.
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CO: Enerplus Corporation
NI: OIL DIV
-0- May/23/2014 10:00 GMT
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