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

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

KP Tissue Stock Down 0.1%

KPT stock traded down C$0.01 during mid-day trading on Friday, reaching C$12.91. 8,926 shares of the stock traded hands, compared to its average volume of 14,786. The firm has a market capitalization of C$129.51 million, a PE ratio of 14.67, a P/E/G ratio of -0.88 and a beta of 0.49. The business has a 50-day moving average of C$12.83 and a two-hundred day moving average of C$12.25. KP Tissue has a 52 week low of C$9.12 and a 52 week high of C$13.78.

KP Tissue (TSE:KPT) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. On average, equities research analysts anticipate that KP Tissue will post 0.4398964 EPS for the current fiscal year.

Analyst Ratings Changes

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