TORONTO, May 20, 2014 /CNW/ - Richards Packaging Income Fund (TSX: RPI.UN) (the "Fund") announced today its cash distribution for the month ended May 31, 2014 of Cdn$0.0735 per unit. This distribution will be to unitholders of record at the close of business on May 30, 2014, and will be payable on June 13, 2014. 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.
About Richards Packaging Income Fund
The Fund owns Richards Packaging Inc. the leading packaging distributor in Canada, and third largest in North America. Richards Packaging is a full-service packaging distributor targeting small- and medium-sized North American businesses. Richards Packaging has operated since 1912 and currently serves over 11,000 regional food, wine and spirits, cosmetic, specialty chemical, pharmaceutical and other companies from 18 locations throughout North America.
SOURCE Richards Packaging Income Fund
Gerry Glynn, Chief Executive Officer, Richards Packaging Inc., (905) 670-7760, gglynn@richardspackaging.com; Enzio Di Gennaro, Chief Financial Officer, Richards Packaging Inc., (905) 670-7760, edigennaro@richardspackaging.comCopyright CNW Group 2014