Richards Packaging, which has been in the business of glass and plastic container manufacturing and distribution since 1912, transitioned into an income fund through an initial public offering on 7 April 2004. Credit: g0d4ather via Shutterstock.

Today, the Richards Packaging Income Fund has announced its cash distribution for the month ending 30 September 2023.

The distribution amounts to C$0.11 ($0.08) per unit. This payout will be directed to unitholders of record as of 29 September 2023 and will be disbursed on 13 October 2023.

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Unitholders who are not residents of Canada should be aware that they may be obligated to cover withholding taxes related to any income distributions issued by the Fund.

This applies to both cash distributions and those in the form of additional units.

About Richards Packaging Income Fund

The Fund holds ownership of Richards Packaging, an entity that has been catering to a diverse customer base across North America since 1912.

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Serving approximately 17,000 regional businesses spanning various sectors, including food, beverage, cosmetics, healthcare and more.

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Richards Packaging underwent a transformation into an income fund through an initial public offering on 7 April 2004. The company has structured its website to include an investor relations segment, providing access to press releases, financial reports and corporate governance documentation.

This resource aims to assist investors in gaining a better understanding of the organisation. Richards Packaging Income Fund expresses gratitude to its stakeholders for their continued interest in the company.