KP Tissue Inc. (TSE:KPT) Declares $0.21 Quarterly Dividend

KP Tissue Inc. (TSE:KPT) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.21 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Tuesday, June 30th.

KP Tissue Price Performance

Shares of TSE KPT opened at C$13.60 on Friday. KP Tissue has a twelve month low of C$8.73 and a twelve month high of C$13.78. The firm has a market cap of C$136.38 million, a P/E ratio of 15.11, a PEG ratio of -0.88 and a beta of 0.55. The company has a 50 day moving average of C$12.14 and a 200 day moving average of C$11.13.

KP Tissue (TSE:KPT) last issued its earnings results on Thursday, May 14th. The company reported C$0.22 EPS for the quarter. As a group, equities analysts expect that KP Tissue will post 0.4398964 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KPT has been the subject of several recent analyst reports. Desjardins boosted their price target on KP Tissue from C$12.00 to C$12.50 and gave the stock a “hold” rating in a research note on Friday, May 15th. TD increased their price objective on KP Tissue from C$11.00 to C$12.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$11.62.

About KP Tissue

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.