Innovation and Adaptation: KP Tissue Ensures Consistency amidst Decreased Performance
Portfolio Pulse from Benzinga Insights
KP Tissue (TSX:KPT) is set to deliver a dividend payout of $0.18 per share, equating to an annualized dividend yield of 7.08%. The company has maintained a steady dividend per share of $0.72 from 2020 to 2022. However, there has been a consistent decrease in earnings per share, from $-0.28 in 2020 to $-0.58 in 2022, which raises concerns about the company's financial health and dividend sustainability.
July 17, 2023 | 3:05 pm
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KP Tissue's steady dividend payout is attractive to income-seeking investors. However, the consistent decrease in earnings per share raises concerns about the company's financial health and its ability to maintain its dividend payout schedule.
While the steady dividend payout is a positive sign, the consistent decrease in earnings per share is a concern. Lower earnings could potentially impact the company's ability to maintain its dividend payout schedule, which could negatively affect the stock price.
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