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.

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Richards Packaging Income Fund

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Post by TimeBuilderon Mar 13, 2022 11:14am

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Post# 34509948

Special Distribution Details = Worth a Repeat IMO

The Fund also announces today a special cash distribution of Cdn$0.69 per unit for the unitholders and exchangeable shareholders of record at the close of business on March 16, 2022, payable on March 18, 2022. Unitholders who are non-residents of Canada may be required to pay all withholding taxes payable in respect of any distributions of income by the Fund, whether such distributions are in the form of cash or additional units.

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