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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Thursday, October 31st, TickerTech reports. Investors of record on Thursday, November 14th will be given a dividend of 0.11 per share on Thursday, November 14th. This represents a $1.32 annualized dividend and a yield of 4.28%. The ex-dividend date of this dividend is Thursday, October 31st.

Richards Packaging Income Fund Trading Up 0.0 %

TSE RPI.UN traded up C$0.01 during trading hours on Wednesday, hitting C$30.81. 601 shares of the company’s stock were exchanged, compared to its average volume of 5,757. The company has a current ratio of 1.62, a quick ratio of 0.61 and a debt-to-equity ratio of 24.16. Richards Packaging Income Fund has a 1-year low of C$27.56 and a 1-year high of C$36.00. The stock has a 50-day simple moving average of C$31.24 and a 200 day simple moving average of C$30.92. The firm has a market cap of C$337.68 million, a price-to-earnings ratio of 9.42 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.