Richards Packaging Income Fund (TSE:RPI.UN - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$29.54 and traded as low as C$27.53. Richards Packaging Income Fund shares last traded at C$27.53, with a volume of 4,185 shares trading hands.
Richards Packaging Income Fund Stock Performance
The company has a debt-to-equity ratio of 24.16, a current ratio of 1.62 and a quick ratio of 0.61. The firm has a market cap of C$304.14 million, a P/E ratio of 8.49 and a beta of 0.47. The stock's 50 day moving average is C$27.90 and its two-hundred day moving average is C$29.49.
Richards Packaging Income Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were paid a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date of this dividend was Friday, February 28th. Richards Packaging Income Fund's dividend 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.
Further Reading
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