Richards Packaging Income Fund

TSX:RPI.UN Stock Report

Market Cap: CA$377.9m

Richards Packaging Income Fund Dividend

Dividend criteria checks 5/6

Richards Packaging Income Fund is a dividend paying company with a current yield of 3.83% that is well covered by earnings. Next payment date is on 12th April, 2024 with an ex-dividend date of 27th March, 2024.

Key information

3.8%

Dividend yield

37%

Payout ratio

Industry average yield2.0%
Next dividend pay date12 Apr 24
Ex dividend date27 Mar 24
Dividend per sharen/a
Earnings per shareCA$3.55
Dividend yield forecast in 3Yn/a

Recent dividend updates

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Feb 23
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Jan 25
Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Recent updates

Some May Be Optimistic About Richards Packaging Income Fund's (TSE:RPI.UN) Earnings

Mar 15
Some May Be Optimistic About Richards Packaging Income Fund's (TSE:RPI.UN) Earnings

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Feb 23
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Jan 25
Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Oct 24
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Aug 28
Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Jul 23
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Jun 23
Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

May 25
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Mar 24
Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11

Feb 24
Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11

Dec 22
Richards Packaging Income Fund (TSE:RPI.UN) Has Affirmed Its Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Nov 24
Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Oct 23
Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Sep 22
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Aug 23
Richards Packaging Income Fund (TSE:RPI.UN) Is Due To Pay A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Jul 23
Richards Packaging Income Fund (TSE:RPI.UN) Is Paying Out A Dividend Of CA$0.11

Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

May 22
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Re-Affirmed Its Dividend Of CA$0.11

Apr 22
Richards Packaging Income Fund (TSE:RPI.UN) Has Re-Affirmed Its Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Sep 23
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Aug 23
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11

Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

Jul 23
Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11

We Think Richards Packaging Income Fund (TSE:RPI.UN) Might Have The DNA Of A Multi-Bagger

Jun 07
We Think Richards Packaging Income Fund (TSE:RPI.UN) Might Have The DNA Of A Multi-Bagger

Chief Financial Officer Enzio Di Gennaro Just Bought 1.2% More Shares In Richards Packaging Income Fund (TSE:RPI.UN)

Mar 14
Chief Financial Officer Enzio Di Gennaro Just Bought 1.2% More Shares In Richards Packaging Income Fund (TSE:RPI.UN)

Is Richards Packaging Income Fund (TSE:RPI.UN) An Attractive Dividend Stock?

Mar 04
Is Richards Packaging Income Fund (TSE:RPI.UN) An Attractive Dividend Stock?

Here's What We Like About Richards Packaging Income Fund's (TSE:RPI.UN) Upcoming Dividend

Feb 22
Here's What We Like About Richards Packaging Income Fund's (TSE:RPI.UN) Upcoming Dividend

Here's Why I Think Richards Packaging Income Fund (TSE:RPI.UN) Might Deserve Your Attention Today

Feb 12
Here's Why I Think Richards Packaging Income Fund (TSE:RPI.UN) Might Deserve Your Attention Today

Does Richards Packaging Income Fund (TSE:RPI.UN) Have The DNA Of A Multi-Bagger?

Feb 02
Does Richards Packaging Income Fund (TSE:RPI.UN) Have The DNA Of A Multi-Bagger?

Are Robust Financials Driving The Recent Rally In Richards Packaging Income Fund's (TSE:RPI.UN) Stock?

Jan 19
Are Robust Financials Driving The Recent Rally In Richards Packaging Income Fund's (TSE:RPI.UN) Stock?

What Percentage Of Richards Packaging Income Fund (TSE:RPI.UN) Shares Do Insiders Own?

Jan 05
What Percentage Of Richards Packaging Income Fund (TSE:RPI.UN) Shares Do Insiders Own?

Insider Buying: The Richards Packaging Income Fund (TSE:RPI.UN) CEO & Trustee Just Bought 189% More Shares

Dec 23
Insider Buying: The Richards Packaging Income Fund (TSE:RPI.UN) CEO & Trustee Just Bought 189% More Shares

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
How does RPI.UN dividend yield compare to the market?
SegmentDividend Yield
Company (RPI.UN)3.8%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.3%
Industry Average (Packaging)2.0%
Analyst forecast in 3 Years (RPI.UN)n/a

Notable Dividend: RPI.UN's dividend (3.83%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).

High Dividend: RPI.UN's dividend (3.83%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.2%), RPI.UN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18%), RPI.UN's dividend payments are well covered by cash flows.


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