Enerplus Dividend
Dividend criteria checks 2/6
Enerplus is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
11%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.23 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Enerplus Corporation: Finishes 2023 With Another Quarter Of Production Outperformance
Feb 07Enerplus Corporation: Good Company On Sale (Rating Upgrade)
Jan 18Enerplus: Excellent Q3 2023 Results (Rating Upgrade)
Nov 03Enerplus: Projected To Generate Over $250 Million In H2 2023 Free Cash Flow
Aug 24Enerplus: Strong Independent But The Focus On Buybacks Is Disappointing
Jul 24Enerplus Non-GAAP EPS of C$0.78
Feb 23Enerplus: Improved Performance And Decreasing Price Realizations
Feb 16Enerplus Corporation: More Work To Be Done
Nov 01Enerplus May Generate $1.3 Billion In Positive Cash Flow In H2 2022 And 2023
Sep 22Enerplus: Free Cash Flow Plus Production Growth Rewards Shareholders
Jul 09Enerplus: Focusing On The Bakken And Potentially Reaching A Net Cash Position By End Of 2022
Apr 14Stability 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% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (ERF) | 1.2% |
Notable Dividend: ERF's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: ERF's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), ERF's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.8%), ERF's dividend payments are thoroughly covered by cash flows.