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

Richards Packaging Income Fund (TSE:RPI.UN) declared a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.11 per share on Friday, March 14th. This represents a $1.32 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date of this dividend is Friday, February 28th.

Richards Packaging Income Fund Price Performance

Richards Packaging Income Fund stock traded up C$0.74 during midday trading on Wednesday, reaching C$29.84. 2,060 shares of the stock were exchanged, compared to its average volume of 5,452. The company’s fifty day moving average is C$30.28 and its 200-day moving average is C$30.57. The company has a debt-to-equity ratio of 24.16, a quick ratio of 0.61 and a current ratio of 1.62. Richards Packaging Income Fund has a 52 week low of C$27.56 and a 52 week high of C$34.75. The firm has a market cap of C$327.05 million, a PE ratio of 9.13 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.