KP Tissue Inc. (TSE:KPT) to Issue Quarterly Dividend of $0.21

KP Tissue Inc. (TSE:KPT) announced a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.21 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

KP Tissue Price Performance

TSE:KPT opened at C$13.60 on Friday. KP Tissue has a fifty-two week low of C$8.73 and a fifty-two week high of C$13.78. The stock’s 50-day moving average is C$12.14 and its two-hundred day moving average is C$11.13. The stock has a market cap of C$136.38 million, a PE ratio of 15.11, a price-to-earnings-growth ratio of -0.88 and a beta of 0.55.

KP Tissue (TSE:KPT) last issued its earnings results on Thursday, May 14th. The company reported C$0.22 earnings per share for the quarter. On average, equities research analysts anticipate that KP Tissue will post 0.4398964 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KPT has been the topic of several research reports. Desjardins upped their price objective on shares of KP Tissue from C$12.00 to C$12.50 and gave the company a “hold” rating in a research note on Friday, May 15th. TD lifted their target price on shares of KP Tissue from C$11.00 to C$12.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$11.62.

About KP Tissue

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.