KP Tissue Inc. (KPT) To Go Ex-Dividend on September 29th

KP Tissue Inc. (TSE:KPT) announced a quarterly dividend on Tuesday, September 29th. Investors of record on Thursday, October 15th will be given a dividend of $0.21 per share on Thursday, October 15th. This represents a $0.84 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 29th.

KP Tissue Stock Down 0.1%

KPT traded down C$0.01 during trading on Friday, hitting C$12.91. The company’s stock had a trading volume of 8,926 shares, compared to its average volume of 14,786. The firm’s 50 day moving average price is C$12.83 and its two-hundred day moving average price is C$12.25. KP Tissue has a 12 month low of C$9.12 and a 12 month high of C$13.78. The stock has a market capitalization of C$129.51 million, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of -0.88 and a beta of 0.49.

KP Tissue (TSE:KPT) last announced its earnings results on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. On average, sell-side analysts forecast that KP Tissue will post 0.4398964 earnings per share for the current year.

Analyst Ratings Changes

Separately, TD upped their price target on shares of KP Tissue from C$12.00 to C$14.00 and gave the stock a “hold” rating in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, KP Tissue has a consensus rating of “Hold” and a consensus target price of C$12.12.

About KP Tissue

KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 12% interest in Kruger Products.