Richards Packaging Income Fund (RPI.UN) to Issue Monthly Dividend of $0.11 on December 13th

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 Stock Performance

Shares of TSE RPI.UN traded up C$0.80 during mid-day trading on Wednesday, hitting C$30.11. 1,501 shares of the company were exchanged, compared to its average volume of 6,918. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The stock has a 50 day simple moving average of C$30.93 and a 200-day simple moving average of C$30.58. Richards Packaging Income Fund has a 1-year low of C$27.56 and a 1-year high of C$35.65. The firm has a market cap of C$330.01 million, a price-to-earnings ratio of 9.21 and a beta of 0.47.

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.