KP Tissue Inc. (TSE:KPT) Announces Quarterly Dividend of $0.21

KP Tissue Inc. (TSE:KPT) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.21 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

KP Tissue Price Performance

Shares of TSE KPT opened at C$13.60 on Friday. KP Tissue has a 1 year low of C$8.73 and a 1 year high of C$13.78. The stock has a market cap of C$136.38 million, a P/E ratio of 15.11, a price-to-earnings-growth ratio of -0.88 and a beta of 0.55. The firm has a 50-day moving average of C$12.14 and a 200 day moving average of C$11.13.

KP Tissue (TSE:KPT) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.22 earnings per share for the quarter. Research analysts expect that KP Tissue will post 0.4398964 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on KPT shares. Desjardins boosted their price target on KP Tissue from C$12.00 to C$12.50 and gave the stock a “hold” rating in a research report on Friday, May 15th. TD raised their price objective on KP Tissue from C$11.00 to C$12.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$11.62.

About KP Tissue

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.