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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.11 per share on Friday, December 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date is Friday, November 29th.

Richards Packaging Income Fund Stock Up 2.7 %

TSE RPI.UN opened at C$30.11 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 company’s 50 day simple moving average is C$30.92 and its 200 day simple moving average is C$30.58. Richards Packaging Income Fund has a 12 month low of C$27.56 and a 12 month high of C$35.65. The company has a market capitalization of C$330.01 million, a P/E ratio of 9.21 and a beta of 0.47.

About Richards Packaging Income Fund

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.