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

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 paid a dividend of 0.11 per share on Friday, December 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date is Friday, November 29th.

Richards Packaging Income Fund Trading Up 2.7 %

RPI.UN traded up C$0.80 during trading on Wednesday, reaching C$30.11. 1,501 shares of the company’s stock were exchanged, compared to its average volume of 6,918. The firm has a fifty day moving average price of C$30.93 and a two-hundred day moving average price of C$30.58. The stock has a market capitalization of C$330.01 million, a PE 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 one year low of C$27.56 and a one year high of C$35.65.

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.