KP Tissue Inc (TSE:KPT) declared a quarterly dividend on Thursday, August 9th, Zacks reports. Stockholders of record on Friday, September 28th will be paid a dividend of 0.18 per share on Monday, October 15th. This represents a $0.72 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend is Thursday, September 27th.

Shares of TSE KPT opened at C$9.78 on Wednesday. KP Tissue has a 1-year low of C$9.50 and a 1-year high of C$15.48.

KP Tissue (TSE:KPT) last announced its quarterly earnings data on Thursday, August 9th. The company reported C$0.08 earnings per share for the quarter, meeting the consensus estimate of C$0.08.

In other KP Tissue news, insider Ii Joseph Kruger bought 3,000 shares of the stock in a transaction that occurred on Tuesday, August 28th. The shares were bought at an average price of C$9.88 per share, for a total transaction of C$29,640.00. Insiders purchased a total of 5,700 shares of company stock worth $56,565 in the last 90 days.

Several equities analysts have recently weighed in on the stock. National Bank Financial dropped their price objective on shares of KP Tissue from C$10.50 to C$9.50 and set a “sector perform” rating on the stock in a report on Friday, August 10th. TD Securities dropped their price objective on shares of KP Tissue from C$11.50 to C$11.00 in a report on Friday, August 10th. Desjardins lowered shares of KP Tissue from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$12.50 to C$11.00 in a report on Friday, July 13th. CIBC lowered shares of KP Tissue from an “outperform” rating to a “neutral” rating and set a C$10.00 price objective on the stock. in a report on Thursday, July 12th. Finally, Scotiabank dropped their price objective on shares of KP Tissue from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a report on Wednesday, June 6th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of C$11.25.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in North America. The company operates through three segments: Consumer Products, Away-From-Home, and Other. It offers bathroom and facial tissues, paper towels, and paper towels and napkins, as well as disposable wiping products and washroom dispensing systems.

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Dividend History for KP Tissue (TSE:KPT)

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