Richards Packaging Income Fund Plans Monthly Dividend of $0.11 (TSE:RPI.UN)

Richards Packaging Income Fund (TSE:RPI.UN) declared a monthly dividend on Friday, September 27th, TickerTech reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.11 per share on Friday, October 11th. This represents a $1.32 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Friday, September 27th.

Richards Packaging Income Fund Stock Performance

Shares of TSE:RPI.UN opened at C$31.65 on Thursday. The company has a debt-to-equity ratio of 24.16, a current ratio of 1.62 and a quick ratio of 0.61. The business’s fifty day moving average price is C$31.20 and its two-hundred day moving average price is C$31.18. Richards Packaging Income Fund has a fifty-two week low of C$27.56 and a fifty-two week high of C$36.00. The stock has a market capitalization of C$346.88 million, a price-to-earnings ratio of 9.68 and a beta of 0.47.

Richards Packaging Income Fund Company Profile

Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.