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 yield | 2.0% |
Next dividend pay date | 12 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | CA$3.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Richards 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 25Recent updates
Some 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 22Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Sep 23Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Aug 23Richards Packaging Income Fund's (TSE:RPI.UN) Dividend Will Be CA$0.11
Jul 23We Think Richards Packaging Income Fund (TSE:RPI.UN) Might Have The DNA Of A Multi-Bagger
Jun 07Chief Financial Officer Enzio Di Gennaro Just Bought 1.2% More Shares In Richards Packaging Income Fund (TSE:RPI.UN)
Mar 14Is Richards Packaging Income Fund (TSE:RPI.UN) An Attractive Dividend Stock?
Mar 04Here's What We Like About Richards Packaging Income Fund's (TSE:RPI.UN) Upcoming Dividend
Feb 22Here's Why I Think Richards Packaging Income Fund (TSE:RPI.UN) Might Deserve Your Attention Today
Feb 12Does Richards Packaging Income Fund (TSE:RPI.UN) Have The DNA Of A Multi-Bagger?
Feb 02Are Robust Financials Driving The Recent Rally In Richards Packaging Income Fund's (TSE:RPI.UN) Stock?
Jan 19What Percentage Of Richards Packaging Income Fund (TSE:RPI.UN) Shares Do Insiders Own?
Jan 05Insider Buying: The Richards Packaging Income Fund (TSE:RPI.UN) CEO & Trustee Just Bought 189% More Shares
Dec 23Stability 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) | 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.