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. Investors 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 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date is Friday, January 31st.

Richards Packaging Income Fund Stock Up 1.0 %

Shares of TSE:RPI.UN opened at C$32.41 on Wednesday. The firm has a market capitalization of C$355.21 million, a PE ratio of 9.91 and a beta of 0.47. Richards Packaging Income Fund has a 1 year low of C$27.56 and a 1 year high of C$35.20. 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 firm’s 50-day moving average is C$29.94 and its two-hundred day moving average is C$30.63.

About Richards Packaging Income Fund

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.