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, January 31st,TickerTech Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.11 per share on Friday, February 14th. This represents a $1.32 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Friday, January 31st.

Richards Packaging Income Fund Stock Performance

TSE:RPI.UN traded up C$0.31 during midday trading on Wednesday, reaching C$32.41. The stock had a trading volume of 203 shares, compared to its average volume of 8,106. The stock has a market capitalization of C$355.21 million, a P/E ratio of 9.91 and a beta of 0.47. The company has a debt-to-equity ratio of 24.16, a current ratio of 1.62 and a quick ratio of 0.61. Richards Packaging Income Fund has a 1-year low of C$27.56 and a 1-year high of C$35.20. The firm’s fifty day simple moving average is C$29.94 and its 200-day simple moving average is C$30.63.

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.