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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Investors of record on Friday, December 13th will be given 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 Stock Up 2.7 %

TSE:RPI.UN traded up C$0.80 during midday trading on Wednesday, reaching C$30.11. 1,501 shares of the stock traded hands, compared to its average volume of 6,918. The business has a 50-day moving average of C$30.93 and a two-hundred day moving average of C$30.58. The stock has a market capitalization of C$330.01 million, a PE ratio of 8.96 and a beta of 0.47. Richards Packaging Income Fund has a 12-month low of C$27.56 and a 12-month high of C$35.65. The company has a debt-to-equity ratio of 24.16, a quick ratio of 0.61 and a current ratio of 1.62.

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.