KP Tissue Inc. (TSE:KPT) Shareholders to Get $0.21 Quarterly Dividend

KP Tissue Inc. (TSE:KPT) announced a quarterly dividend on Tuesday, September 29th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.21 per share on Thursday, October 15th. This represents a $0.84 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 29th.

KP Tissue Price Performance

Shares of KP Tissue stock traded down C$0.01 during trading hours on Friday, reaching C$12.91. The company had a trading volume of 8,926 shares, compared to its average volume of 14,786. KP Tissue has a one year low of C$9.12 and a one year high of C$13.78. The business has a fifty day simple moving average of C$12.83 and a 200 day simple moving average of C$12.25. The firm has a market cap of C$129.51 million, a PE ratio of 14.67, a price-to-earnings-growth ratio of -0.88 and a beta of 0.49.

KP Tissue (TSE:KPT) last released its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 earnings per share (EPS) for the quarter. On average, research analysts forecast that KP Tissue will post 0.4398964 EPS for the current year.

Wall Street Analyst Weigh In

Separately, TD upped their price target on KP Tissue from C$12.00 to C$14.00 and gave the company a “hold” rating in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$12.12.

KP Tissue Company Profile

KPT was created to acquire, and its business is limited to holding, a limited equity interest in Kruger Products, which is accounted for as an investment on the equity basis. KPT currently holds a 12% interest in Kruger Products.