An update from KP Tissue ( (TSE:KPT) ) is now available.
KP Tissue Inc. announced a quarterly dividend of $0.18 per common share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. This dividend declaration aligns with a corresponding distribution by Kruger Products Inc., in which KPT holds a limited partnership interest. Additionally, KP Tissue offers a Dividend Reinvestment Plan (DRIP) for Canadian shareholders, allowing them to reinvest cash dividends into additional common shares. This announcement underscores KPT’s commitment to providing shareholder value and maintaining its strategic investment in Kruger Products, a key player in the North American tissue market.
More about KP Tissue
KP Tissue Inc. was established to acquire and hold a limited equity interest in Kruger Products, a leading Canadian manufacturer of quality tissue products for household, industrial, and commercial use. KPT currently holds a 12.5% interest in Kruger Products, which is known for brands like Cashmere, Purex, and Scotties in Canada, and White Cloud in the U.S. Kruger Products operates ten production facilities in North America and employs approximately 3,000 people.
YTD Price Performance: -1.84%
Average Trading Volume: 15,054
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$80.05M
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