This company has been acquired
Enerplus Dividends and Buybacks
Dividend criteria checks 2/6
Enerplus is a dividend paying company with a current yield of 1.3% that is well covered by earnings.
Key information
1.3%
Dividend yield
6.1%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -16.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.260 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
These 4 Measures Indicate That Enerplus (TSE:ERF) Is Using Debt Reasonably Well
May 27
Enerplus Corporation (TSE:ERF) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 08Enerplus Corporation's (TSE:ERF) Earnings Are Not Doing Enough For Some Investors
Jan 19Here's Why Enerplus (TSE:ERF) Can Manage Its Debt Responsibly
Jan 04Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 48% Undervaluation?
Nov 25Shareholders Would Enjoy A Repeat Of Enerplus' (TSE:ERF) Recent Growth In Returns
Nov 06Is Enerplus (TSE:ERF) A Risky Investment?
Sep 22Do Enerplus' (TSE:ERF) Earnings Warrant Your Attention?
Aug 09A Look At The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Jul 25Is Enerplus (TSE:ERF) A Risky Investment?
Jun 09The Compensation For Enerplus Corporation's (TSE:ERF) CEO Looks Deserved And Here's Why
Apr 28We Ran A Stock Scan For Earnings Growth And Enerplus (TSE:ERF) Passed With Ease
Apr 14Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Feb 02Is Enerplus (TSE:ERF) Using Too Much Debt?
Nov 04Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)
Oct 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERF's dividend payments have been volatile in the past 10 years.
Growing Dividend: ERF's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Enerplus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ERF) | 1.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast (ERF) (up to 3 years) | 1.3% |
Notable Dividend: ERF's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.83%).
High Dividend: ERF's dividend (1.3%) is low compared to the top 25% of dividend payers in the Canadian market (6.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), ERF's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), ERF's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/31 10:14 |
| End of Day Share Price | 2024/05/30 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Enerplus Corporation is covered by 26 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Grant Hofer | Barclays |
| Gordon Tait | BMO Capital Markets Equity Research |