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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.11 per share on Friday, March 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend is Friday, February 28th.

Richards Packaging Income Fund Price Performance

RPI.UN traded up C$0.74 on Wednesday, reaching C$29.84. 2,060 shares of the company’s stock were exchanged, compared to its average volume of 5,452. Richards Packaging Income Fund has a twelve month low of C$27.56 and a twelve month high of C$34.75. The stock has a market cap of C$327.05 million, a PE ratio of 9.13 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. The stock’s fifty day moving average price is C$30.28 and its 200-day moving average price is C$30.57.

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.