Richards Packaging Income Fund T.RPI.UN

Alternate Symbol(s): RPKIF

Consumer Cyclical Packaging & Containers

Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. It is engaged in the distribution of approximately 8,000 different types of packaging components and healthcare products that are sourced from over 900 suppliers and three manufacturing facilities. It sources products from glass and plastic companies both in raw materials and in finished goods. Richards Packaging services include global sourcing, inventory management, manufacturing, and packaging 101.

TSX:RPI.UN - Post by User

Richards Packaging Income Fund > Solid Results - Blowout Quarter

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Comment by DanielDarden123on Oct 31, 2020 11:52am

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Post# 31818545

RE:RE:Solid Results - Blowout Quarter

DanielDarden123 wrote: Double digit increase in demand is noteworthy and encouraging given the payout ratio of 25%. Without surprises, a distribution boost seems inevitable in 2021.

The Covid overhang is delaying the boost. Once it’s done a catch up should be in order.

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