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

Richards Packaging Income (TSE:RPIGet Free Report) declared a monthly dividend on Friday, April 19th, Zacks reports. Investors of record on Tuesday, April 30th will be given a dividend of 0.11 per share on Tuesday, May 14th. This represents a $1.32 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Monday, April 29th.

Richards Packaging Income Price Performance

Richards Packaging Income has a 12-month low of C$25.52 and a 12-month high of C$34.10.

Richards Packaging Income (TSE:RPIGet Free Report) last announced its earnings results on Thursday, March 7th. The company reported C$0.89 EPS for the quarter. The company had revenue of C$108.85 million for the quarter.

About Richards Packaging Income

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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

Dividend History for Richards Packaging Income (TSE:RPI)

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