Richards Packaging Income Fund (RPI.UN) to Issue Monthly Dividend of $0.11 on March 14th

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.11 per share on Friday, March 14th. This represents a $1.32 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Friday, February 28th.

Richards Packaging Income Fund Trading Up 2.5 %

Shares of RPI.UN stock traded up C$0.74 during trading hours on Wednesday, reaching C$29.84. 2,060 shares of the stock traded hands, compared to its average volume of 5,452. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The firm has a market capitalization of C$327.05 million, a PE ratio of 9.13 and a beta of 0.47. Richards Packaging Income Fund has a 1-year low of C$27.56 and a 1-year high of C$34.75. The business has a fifty day moving average price of C$30.28 and a 200 day moving average price of C$30.57.

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.