KP Tissue Inc. (TSE:KPT - Get Free Report) announced a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be given a dividend of 0.18 per share on Tuesday, July 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend is Monday, June 30th.
KP Tissue Price Performance
KPT traded up C$0.02 on Friday, reaching C$9.31. 18,456 shares of the stock were exchanged, compared to its average volume of 15,298. The company's 50-day moving average price is C$8.73 and its 200 day moving average price is C$8.26. KP Tissue has a fifty-two week low of C$7.54 and a fifty-two week high of C$9.33. The firm has a market capitalization of C$93.05 million, a PE ratio of 14.58, a PEG ratio of -0.88 and a beta of 0.37.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on KPT shares. TD Securities lifted their price objective on KP Tissue from C$8.00 to C$9.00 and gave the company a "hold" rating in a research note on Thursday, May 22nd. Desjardins lifted their price objective on KP Tissue from C$8.50 to C$9.50 and gave the company a "hold" rating in a research note on Thursday, May 22nd. Finally, National Bankshares lifted their price objective on KP Tissue from C$8.50 to C$9.50 and gave the company a "sector perform" rating in a research note on Thursday, May 22nd.
Check Out Our Latest Stock Report on KPT
KP Tissue Company Profile
(
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KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.
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