Enerplus Boosts Quarterly Cash Dividend By 8% From $0.06 To $0.065 Per Share
Portfolio Pulse from Benzinga Newsdesk
Enerplus has announced an 8% increase in its quarterly cash dividend, from $0.06 to $0.065 per share, effective with the dividend payable on March 15, 2024, to shareholders of record as of March 4, 2024. The ex-dividend date is March 1, 2024.
February 21, 2024 | 10:52 pm
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Enerplus increases its quarterly dividend by 8% to $0.065 per share, effective for the dividend payable on March 15, 2024, to shareholders of record on March 4, 2024.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. This 8% increase in Enerplus's dividend is likely to be seen as a strong signal of its financial stability and commitment to returning value to shareholders, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100