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Enerplus: News Release Dated April 21, 2016

The following excerpt is from the company's SEC filing.

Exhibit 99.1

Enerplus Announces Cash Dividend for May 2016

CALGARY, April 21, 2016 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on May 16, 2016 to all shareholders of record at the close of business on May 2, 2016. The ex-dividend date for this payment is April 28, 2016.

The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7920. The U.S. dollar equivalent dividend will be based upon the actual Can adian/US exchange rate applied on the payment date and will be net of any Canadian withholding taxes that may be applicable. Dividends paid by Enerplus are considered an "eligible dividend" for Canadian tax purposes. For U.S. income tax purposes, Enerplus' dividends are considered "qualified dividends".

About Us

Established in 1986, Enerplus is a responsible developer of high quality crude oil and natural gas assets in Canada and the United States, focused on providing both growth and income to its shareholders.

Follow @EnerplusCorp on Twitter at

Ian C. Dundas

President & Chief Executive Officer

Enerplus Corporation

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans" and similar expressions, are forward-looking information that represents management of Enerplus' internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Enerplus. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Enerplus' actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Enerplus' filings with the Canadian and U.S. securities authorities. Accordingly, holders of Enerplus shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted.

SOURCE Enerplus Corporation

%CIK: 0001126874

For further information:

including financial and operating results and our most recent corporate presentation, please visit our website at or phone 1-800-319-6462. Shareholders may request a hard copy of Enerplus' complete audited financial statements free of charge.

CO: Enerplus Corporation

CNW 06:00e 21-APR-16

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Enerplus: Notice Of Annual And Special Meeting Of Shareholders - March 30, 2016