Shares of Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$30.76 and traded as low as C$30.23. Richards Packaging Income Fund shares last traded at C$30.23, with a volume of 2,088 shares changing hands.
Richards Packaging Income Fund Price Performance
The stock has a market capitalization of C$334.17 million, a P/E ratio of 9.32 and a beta of 0.47. The company has a 50 day moving average of C$30.20 and a 200-day moving average of C$30.75. The company has a quick ratio of 0.61, a current ratio of 1.62 and a debt-to-equity ratio of 24.16.
Richards Packaging Income Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be given a $0.11 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.33%. Richards Packaging Income Fund's payout ratio is currently 40.37%.
About Richards Packaging Income Fund
(
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Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging products in Canada and the United States. It offers plastic and glass containers, and metal and plastic closures. The company also distributes various injection molded containers and packaging systems, as well as offers design and development, and logistics management services.
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