Richards Packaging Income Fund (RPI.UN) to Issue Monthly Dividend of $0.11 on December 12th

Richards Packaging Income Fund (TSE:RPI.UN) declared a monthly dividend on Friday, November 28th, TickerTech Dividends reports. Investors of record on Friday, December 12th will be given a dividend of 0.11 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, November 28th.

Richards Packaging Income Fund Price Performance

TSE:RPI.UN opened at C$28.22 on Friday. The firm’s fifty day moving average is C$31.45 and its two-hundred day moving average is C$31.89. The firm has a market cap of C$320.10 million, a price-to-earnings ratio of 14.77 and a beta of 0.69. 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 one year low of C$25.90 and a one year high of C$34.89.

Analysts Set New Price Targets

Separately, National Bankshares set a C$43.00 target price on Richards Packaging Income Fund and gave the stock an “outperform” rating in a report on Friday, September 12th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$43.00.

Richards Packaging Income Fund Company Profile

RICHARDS Packaging business model has changed. Originally a manufacturer of glass containers for pharmacies, RICHARDS has become a major North American manufacturer and distributor of containers for the food, pharmaceutical, health & beauty and industrial sectors. While continuing to grow and expand into different areas of healthcare.