Richards Packaging Income Fund Dividend
Dividend criteria checks 5/6
Richards Packaging Income Fund is a dividend paying company with a current yield of 4.33% that is well covered by earnings.
Key information
4.3%
Dividend yield
56%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$1.320 |
| Earnings per share | CA$3.51 |
| Dividend yield forecast | n/a |
Recent dividend updates
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
Jul 25
Richards Packaging Income Fund (TSE:RPI.UN) Has Announced A Dividend Of CA$0.11
May 24Recent updates
Richards 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 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 07Stability 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) | 4.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Packaging) | 1.8% |
| Analyst forecast (RPI.UN) (up to 3 years) | n/a |
Notable Dividend: RPI.UN's dividend (4.33%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: RPI.UN's dividend (4.33%) is low compared to the top 25% of dividend payers in the Canadian market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), RPI.UN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.6%), RPI.UN's dividend payments are well covered by cash flows.