Insider Selling: KP Tissue Inc. (TSE:KPT) Director Sells 18,000 Shares of Stock

KP Tissue Inc. (TSE:KPT) Director Mario Gosselin sold 18,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of C$8.19, for a total transaction of C$147,420.00.

KP Tissue Stock Down 0.2 %

KPT stock opened at C$8.16 on Monday. The company has a market cap of C$81.36 million, a price-to-earnings ratio of 13.60, a PEG ratio of -0.88 and a beta of 0.37. The business has a fifty day simple moving average of C$8.25 and a 200-day simple moving average of C$8.39. KP Tissue Inc. has a 52 week low of C$7.99 and a 52 week high of C$9.25.

KP Tissue Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were issued a $0.18 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.82%. KP Tissue’s dividend payout ratio (DPR) is 120.00%.

About KP Tissue

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.