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

Richards Packaging Income Fund (TSE:RPI.UN) declared a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, November 29th.

Richards Packaging Income Fund Price Performance

Shares of TSE:RPI.UN traded up C$0.80 during midday trading on Wednesday, hitting C$30.11. 1,501 shares of the stock were exchanged, compared to its average volume of 6,918. The stock has a market cap of C$330.01 million, a P/E ratio of 9.21 and a beta of 0.47. 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 twelve month low of C$27.56 and a twelve month high of C$35.65. The company has a 50 day moving average price of C$30.93 and a 200-day moving average price of C$30.58.

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.