Enerplus Corporation (NYSE:ERF) Board Authorize Monthly Dividend

Enerplus Corporation (NYSE:ERF) declared monthly dividend of C$ 0.01 per share, or C$ 0.12 annualized.

The dividend will be payable on December 14, 2018, to stockholders of record on November 29, 2018, with an ex-dividend date of November 28, 2018.

The press release noted that the C$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 0.7602. 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.