Richards Packaging Income (TSE:RPI) Plans Monthly Dividend of $0.11

Richards Packaging Income (TSE:RPI) announced a monthly dividend on Friday, October 18th, Zacks reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.11 per share on Thursday, November 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Thursday, October 31st.

Richards Packaging Income Stock Performance

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 posted its earnings results on Thursday, August 1st. The company reported C$0.83 earnings per share for the quarter. The business had revenue of C$107.41 million during the quarter.

Richards Packaging Income Company Profile

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.