KP Tissue (TSE:KPT) Shares Up 0.7% - What's Next?

KP Tissue Inc. (TSE:KPT - Get Free Report) was up 0.7% on Monday . The stock traded as high as C$8.28 and last traded at C$8.28. Approximately 18,509 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 18,430 shares. The stock had previously closed at C$8.22.

Analyst Ratings Changes

Separately, TD Securities lifted their price objective on KP Tissue from C$8.50 to C$9.00 and gave the company a "hold" rating in a research note on Wednesday, August 14th.

KP Tissue Trading Down 0.4 %

The firm has a 50-day moving average of C$8.27 and a 200 day moving average of C$8.38. The stock has a market capitalization of C$82.25 million, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37.

KP Tissue Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.72 annualized dividend and a yield of 8.73%. KP Tissue's dividend payout ratio is presently 120.00%.

KP Tissue Company Profile

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.