Richards Packaging Income Fund Dividends and Buybacks
Dividend criteria checks 5/6
Richards Packaging Income Fund is a dividend paying company with a current yield of 5.8% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
5.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.4% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$1.680 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Richards Packaging Income Fund (TSE:RPI.UN) Will Pay A Dividend Of CA$0.11
Nov 22
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
Oct 24Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Sep 24Recent updates
Richards Packaging Income Fund (TSE:RPI.UN) Will Pay A Dividend Of CA$0.11
Nov 22Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
Oct 24Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Sep 24Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Jul 25Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
May 24Some May Be Optimistic About Richards Packaging Income Fund's (TSE:RPI.UN) Earnings
Mar 15Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Feb 23Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11
Jan 25Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
Oct 24Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11
Aug 28Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
Jul 23Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11
Jun 23Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
May 25Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11
Mar 24Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11
Feb 24Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11
Dec 22Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11
Nov 24Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11
Oct 23Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Sep 22Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11
Aug 23Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11
Jul 23Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
May 22Richards Packaging Income Fund (TSE:RPI.UN) Has Re-Affirmed Its Dividend Of CA$0.11
Apr 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RPI.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: RPI.UN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Richards Packaging Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RPI.UN) | 5.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Packaging) | 1.8% |
| Analyst forecast (RPI.UN) (up to 3 years) | n/a |
Notable Dividend: RPI.UN's dividend (5.8%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: RPI.UN's dividend (5.8%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), RPI.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), RPI.UN's dividend payments are well covered by cash flows.