Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$31.71 and traded as high as C$33.00. Richards Packaging Income Fund shares last traded at C$32.88, with a volume of 1,250 shares trading hands.
Richards Packaging Income Fund Stock Performance
The stock's 50 day moving average price is C$31.87 and its 200 day moving average price is C$29.83. The company has a current ratio of 1.62, a quick ratio of 0.61 and a debt-to-equity ratio of 24.16. The firm has a market cap of C$362.89 million, a PE ratio of 10.13 and a beta of 0.47.
Richards Packaging Income Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Thursday, August 14th will be given a $0.11 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Thursday, July 31st. Richards Packaging Income Fund's payout ratio is currently 40.37%.
About Richards Packaging Income Fund
(
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RICHARDS Packaging business model has changed. Originally a manufacturer of glass containers for pharmacies, RICHARDS has become a major North American manufacturer and distributor of containers for the food, pharmaceutical, health & beauty and industrial sectors. While continuing to grow and expand into different areas of healthcare.
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