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Enerplus (Enerplus) Dividend Payout Ratio

: 0.15 (As of Dec. 2023)
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Enerplus's dividend payout ratio for the months ended in Dec. 2023 was 0.15.

The historical rank and industry rank for Enerplus's Dividend Payout Ratio or its related term are showing as below:

ERF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 0.99
Current: 0.11


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.

ERF's Dividend Payout Ratio is ranked better than
91.33% of 450 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ERF: 0.11

As of today (2024-04-19), the Dividend Yield % of Enerplus is 1.21%.

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

Enerplus's Dividends per Share for the months ended in Dec. 2023 was $0.06.

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.

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.

The growth rate is calculated with least square regression.

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


Enerplus Dividend Payout Ratio Historical Data

The historical data trend for Enerplus's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Enerplus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.99 0.14 0.05 0.11

Enerplus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.09 0.15 0.09 0.15

Competitive Comparison

For the Oil & Gas E&P subindustry, Enerplus's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Oil & Gas industry and Energy sector, Enerplus's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Enerplus's Dividend Payout Ratio falls into.



Enerplus Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.229/ 2.09
=0.11

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

* 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 (NYSE:ERF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Enerplus Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Enerplus's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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.