Enerplus Corporation Raises Quarterly Dividend From $0.555 To $0.06
Portfolio Pulse from Benzinga Newsdesk
Enerplus Corporation has announced an increase in its quarterly dividend from $0.555 to $0.06.
August 09, 2023 | 9:08 pm
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POSITIVE IMPACT
Enerplus Corporation has raised its quarterly dividend, which could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more income-focused investors, driving up demand for the stock and positively impacting its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100