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

Richards Packaging Income Fund (TSE:RPI.UN) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Friday, January 31st.

Richards Packaging Income Fund Stock Down 0.1 %

Shares of TSE:RPI.UN opened at C$32.10 on Wednesday. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16. Richards Packaging Income Fund has a 52-week low of C$27.56 and a 52-week high of C$35.20. The stock’s fifty day simple moving average is C$29.94 and its 200-day simple moving average is C$30.63. The company has a market capitalization of C$351.82 million, a P/E ratio of 9.82 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.