KP Tissue Inc. (TSE:KPT) Shareholders to Get $0.21 Quarterly Dividend

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

KP Tissue Stock Performance

Shares of KPT stock traded down C$0.01 during mid-day trading on Friday, reaching 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 is C$12.83 and its two-hundred day moving average is C$12.25. The company has a market cap of C$129.51 million, a P/E ratio of 14.67, a PEG ratio of -0.88 and a beta of 0.49. KP Tissue has a 1-year low of C$9.12 and a 1-year high of C$13.78.

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

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.