KP Tissue Inc. (TSE:KPT) Plans Quarterly Dividend of $0.18

KP Tissue Inc. (TSE:KPT) declared a quarterly dividend on Thursday, March 7th, Zacks reports. Investors of record on Monday, April 1st will be paid a dividend of 0.18 per share on Monday, April 15th. This represents a $0.72 dividend on an annualized basis and a yield of 8.02%. The ex-dividend date is Thursday, March 28th.

KP Tissue Price Performance

Shares of KP Tissue stock opened at C$8.98 on Wednesday. The firm has a market capitalization of C$89.44 million, a PE ratio of -17.96, a price-to-earnings-growth ratio of -0.88 and a beta of 0.35. The company’s fifty day moving average price is C$8.67 and its two-hundred day moving average price is C$9.22. KP Tissue has a 52-week low of C$8.20 and a 52-week high of C$10.84.

KP Tissue (TSE:KPT) last issued its earnings results on Thursday, March 7th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate of C$0.21 by C($0.01). The firm had revenue of C$482.27 million for the quarter, compared to the consensus estimate of C$498.00 million. Analysts predict that KP Tissue will post 0.4680187 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TD Securities lowered their target price on KP Tissue from C$10.00 to C$9.50 and set a “hold” rating for the company in a research note on Friday, March 8th. CIBC cut their price objective on KP Tissue from C$10.00 to C$9.00 in a report on Monday, March 11th. Finally, National Bankshares cut their price target on KP Tissue from C$9.50 to C$9.00 in a report on Friday, March 8th.

KP Tissue Company Profile

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.