Enerplus Corp. (ERF.TO,ERF) said Friday that its shareholders have approved the implementation of a stock dividend program at the company's annual & special meeting.
Effective June 1, all Enerplus shareholders will now be able to receive dividends in the form of shares instead of receiving a cash dividend.
Participation in the stock dividend program is optional and allows Enerplus shareholders to continue to receive cash dividends unless they elect to participate in the stock dividend program.
As a result of receiving shareholder approval for the stock dividend program, the current dividend reinvestment plan will be terminated on May 25, the company said.
As a result, all shareholders who are currently participating in the company's dividend reinvestment plan will need to make an election to participate in the stock dividend program. Cash dividends will be paid unless shareholders make an election to participate in the stock dividend program.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.