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