KP Tissue (TSE:KPT – Free Report) had its price objective raised by TD Securities from C$8.50 to C$9.00 in a research report released on Wednesday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.
Separately, Desjardins cut their price target on KP Tissue from C$11.00 to C$10.00 and set a hold rating for the company in a report on Wednesday, May 15th.
Check Out Our Latest Stock Analysis on KPT
KP Tissue Stock Up 1.2 %
KP Tissue Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.72 annualized dividend and a yield of 8.37%. KP Tissue’s dividend payout ratio is currently 105.88%.
KP Tissue Company Profile
KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.
Read More
- Five stocks we like better than KP Tissue
- What Do S&P 500 Stocks Tell Investors About the Market?
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- How is Compound Interest Calculated?
- MarketBeat Week in Review – 8/12 – 8/16
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
Receive News & Ratings for KP Tissue Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KP Tissue and related companies with MarketBeat.com's FREE daily email newsletter.