About Enerplus Corporation (ERF) — Dividend Analysis 2026
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2021, it had proved plus probable gross reserves of approximately 8.2 million barrels (MMbbls) of light and medium crude oil; 20.7 MMbbls of heavy crude oil; 299.3 MMbbls of tight oil; 56.2 MMbbls of natural gas liquids; 19.7 billion cubic feet (Bcf) of conventional natural gas; and 1,367.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
Is ERF a good dividend investment in 2026?
ERF offers a 1.29% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of 91.7% demonstrates strong, consistent growth that outpaces inflation.
ERF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your ERF portfolio grows to $1.40M vs $1.08M without reinvestment. This is the compound interest effect in action.
ERF dividend growth history & forecast
ERF has grown its dividend by 0% over the last year and 91.7% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.29%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 ERF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ERF.
Gross yield
1.29%
Tax rate
15.00%
After-tax yield
1.10%
Real yield (−CPI)
-1.70%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.29%
-1.51%
$129 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.10%
-1.70%
$110 / yr
🇺🇸 US Taxable (20%)
20%
1.03%
-1.77%
$103 / yr
🇬🇧 UK ISA
0%
1.29%
-1.51%
$129 / yr
🇬🇧 UK Taxable
8.75%
1.18%
-1.62%
$118 / yr
🇨🇦 TFSA
0%
1.29%
-1.51%
$129 / yr
🇨🇦 CA Taxable
25%
0.97%
-1.83%
$97 / yr
🇦🇺 Super (pension)
15%
1.10%
-1.70%
$110 / yr
🇦🇺 AU Taxable
30%
0.90%
-1.90%
$90 / yr
🇩🇪 DE Taxable
26.375%
0.95%
-1.85%
$95 / yr
🇫🇷 FR Taxable
30%
0.90%
-1.90%
$90 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 ERF Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your ERF investment of $20.09/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$196.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$194.2K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in ERF for:
Shares needed
108,598
Capital required
$2,181,734
Monthly income
$2,000
Based on current dividend of $0.26/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 ERF Dividend Payment Schedule
ERF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.55 / payment
$2.21 / year after tax
100 shares
$5.52 / payment
$22.10 / year after tax
1,000 shares
$55.25 / payment
$221.00 / year after tax
📊 ERF vs Energy Benchmarks
How ERF compares to typical Energy averages.
Benchmark: Energy
Dividend Yield▼-3.31% vs sectorBelow avg
ERF
1.29%
avg
4.60%
5Y Dividend CAGR▲+85.90% vs sectorBetter
ERF
91.70%
avg
5.80%
Payout Ratio▲-2.00% vs sectorBetter
ERF
50.00%
avg
52.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ERF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ ERF Insider Activity
No recent SEC filings reported in the last 90 days.
🎯
Analyst Price Target
Wall Street consensus
Current Price
$20.09
Analyst Target
$39.00
Upside / Downside
+94.1%
Range
$39.00 – $39.00
💡 If ERF reaches the analyst target of $39.00, investors buying today at $20.09 would see an effective yield of 0.67% on shares purchased at target price — vs 1.29% at current price.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
🔬
Financial Health Scores
Altman Z-Score
5.02
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
🌍
Geographic Revenue Breakdown
Where ERF earns its money
CANADA97%
UNITED STATES3%
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ERF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →