Richards Packaging Income Fund (RPI.UN) to Issue Monthly Dividend of $0.11 on November 14th

Richards Packaging Income Fund (TSE:RPI.UN) declared a monthly dividend on Thursday, October 31st, TickerTech reports. Shareholders of record on Thursday, November 14th will be given a dividend of 0.11 per share on Thursday, November 14th. This represents a $1.32 annualized dividend and a yield of 4.28%. The ex-dividend date is Thursday, October 31st.

Richards Packaging Income Fund Stock Performance

Shares of Richards Packaging Income Fund stock traded up C$0.01 on Wednesday, hitting C$30.81. The stock had a trading volume of 601 shares, compared to its average volume of 5,757. The stock has a market cap of C$337.68 million, a price-to-earnings ratio of 9.42 and a beta of 0.47. The company has a current ratio of 1.62, a quick ratio of 0.61 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$36.00. The company’s 50 day moving average price is C$31.24 and its 200 day moving average price is C$30.92.

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.