KP Tissue Inc (KPT) To Go Ex-Dividend on September 27th
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.
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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