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

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

Richards Packaging Income Fund Trading Up 2.7 %

Shares of Richards Packaging Income Fund stock traded up C$0.80 during trading hours on Wednesday, hitting C$30.11. The company’s stock had a trading volume of 1,501 shares, compared to its average volume of 6,918. Richards Packaging Income Fund has a 1-year low of C$27.56 and a 1-year high of C$35.65. The company has a market capitalization of C$330.01 million, a PE ratio of 9.21 and a beta of 0.47. The business has a fifty day moving average of C$30.93 and a 200 day moving average of C$30.58. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16.

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.