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Enerplus (Enerplus) 3-Year Dividend Growth Rate

: 38.70% (As of Dec. 2023)
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Enerplus's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for Enerplus's 3-Year Dividend Growth Rate or its related term are showing as below:

ERF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -52.8   Med: -5.2   Max: 148.8
Current: 38.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enerplus was 148.80% per year. The lowest was -52.80% per year. And the median was -5.20% per year.

ERF's 3-Year Dividend Growth Rate is ranked better than
74.1% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs ERF: 38.70

During the past 12 months, Enerplus's average Dividends Per Share Growth Rate was 25.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -14.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Enerplus's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.15. As of today, Enerplus's Dividend Yield % is 1.21%.

Warning Sign:

Enerplus Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas E&P subindustry, Enerplus's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enerplus 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Enerplus's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Enerplus's 3-Year Dividend Growth Rate falls into.



Enerplus 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Enerplus  (NYSE:ERF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Enerplus's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.061/ 0.403
=0.15

During the past 13 years, the highest Dividend Payout Ratio of Enerplus was 0.99. The lowest was 0.05. And the median was 0.18.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Enerplus Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0882024-03-012024-03-042024-03-15Cash DividendquarterlyCAD:USD 0.737368
CAD 0.0832023-11-292023-11-302023-12-15Cash DividendquarterlyCAD:USD 0.735998
CAD 0.0802023-08-302023-08-312023-09-15Cash DividendquarterlyCAD:USD 0.738607
CAD 0.0742023-05-302023-05-312023-06-15Cash DividendquarterlyCAD:USD 0.735943

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Enerplus's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.23952456/19.93
=1.20 %

Current Share Price is $19.93.
Enerplus's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.23952456.

During the past 13 years, the highest Dividend Yield of Enerplus was 19.11%. The lowest was 0.68%. And the median was 1.48%.

Warning Sign:

Enerplus Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enerplus 3-Year Dividend Growth Rate Related Terms>


Enerplus (Enerplus) Business Description

Industry
Traded in Other Exchanges
Address
3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1
Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.