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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.11 per share on Friday, February 14th. This represents a $1.32 annualized dividend and a yield of 4.07%. The ex-dividend date is Friday, January 31st.

Richards Packaging Income Fund Trading Up 1.0 %

TSE:RPI.UN traded up C$0.31 on Wednesday, hitting C$32.41. The stock had a trading volume of 203 shares, compared to its average volume of 8,106. The company has a fifty day moving average price of C$29.94 and a two-hundred day moving average price of C$30.63. 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 quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. The stock has a market cap of C$355.21 million, a price-to-earnings ratio of 9.91 and a beta of 0.47.

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.