Richards Packaging Income (RPI) to Issue Monthly Dividend of $0.11 on December 14th

Richards Packaging Income (TSE:RPI) announced a monthly dividend on Monday, November 19th, Zacks reports. Stockholders of record on Friday, November 30th will be given a dividend of 0.11 per share on Friday, December 14th. This represents a $1.32 annualized dividend and a dividend yield of ∞. The ex-dividend date is Thursday, November 29th.

Richards Packaging Income has a 52 week low of C$25.52 and a 52 week high of C$34.10.

Richards Packaging Income (TSE:RPI) last announced its quarterly earnings data on Wednesday, October 31st. The company reported C$0.50 earnings per share (EPS) for the quarter. The company had revenue of C$81.41 million for the quarter.

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About Richards Packaging Income

Richards Packaging Income Fund (the Fund) is a Canada-based open-ended, limited purpose trust. The Fund invests in packaging distribution businesses throughout North America. The Fund’s subsidiary, Richards Packaging Inc and its subsidiaries (Richards Packaging), is principally engaged in the distribution of plastic and glass containers and associated closures.

Further Reading: Systematic Risk and Investors

Dividend History for Richards Packaging Income (TSE:RPI)

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