High-yielding income fund is Canada’s packaging leader

High-yielding income fund is Canada’s packaging leader

Pat McKeough recently replied to a Member of his Inner Circle who asked about one of Canada’s remaining income trusts. The largest packaging distributor in Canada, this company chose to retain its trust structure despite the government’s 2011 decision to end tax breaks for income… Read More

Q: Pat: Can I have your opinion on Richards Packaging, please. I am a long-term conservative investor, looking for safe stocks, some growth and good dividends. Thank you.

A: Richards Packaging Income Fund, $30.00, symbol RPI.UN on Toronto (Units outstanding: 10.9 million; Market cap: $329.0 million; www.richardspackaging.com), is a full-service packaging distributor to small- and medium-sized North American businesses.

The fund first sold shares to the public at $10 a unit, and began trading… Read More

Acquisition lifts cash flow for income trust

Acquisition lifts cash flow for income trust

A key purchase for this 104-year-old packaging giant helped lift sales and cash flow in the latest quarter.

RICHARDS PACKAGING INCOME FUND (symbol RPI.UN on Toronto (Units outstanding: 10.9 million; Market cap: $269.8 million; www.richardspackaging.com) is a full-service packaging distributor to small-… Read More

Pat: I would like your opinion on Richards Packaging, please. I am a long-term conservative investor, looking for safe stocks, some growth and good dividends. Thank you.

A: Richards Packaging Income Fund, $24.57, symbol RPI.UN on Toronto (Units outstanding: 10.9 million; Market cap: $269.8 million; www.richardspackaging.com), is a full-service packaging distributor to small- and medium-sized North American businesses. The fund first sold shares to the public at $10 a unit, and began… Read More

Pat: What do you think of Richards Packaging Income Fund?

Richards Packaging Income Fund, $6.00, symbol RPI.UN on Toronto (Shares outstanding: 10.1 million; Market cap: $60.7 million), is a full-service packaging distributor that targets small- and medium-sized North American businesses. The fund first sold shares to the public at $10 a unit and began trading… Read More