KP Tissue (TSE:KPT) has released an update.
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KP Tissue Inc. has announced a quarterly dividend of $0.18 per common share, payable on July 15, 2024, to shareholders on record by June 28, 2024. The dividends are considered ‘eligible’ under Canadian tax laws, and the company offers a Dividend Reinvestment Plan (DRIP) where Canadian shareholders can reinvest their dividends in new shares. This financial move coincides with a distribution by Kruger Products, in which KP Tissue holds a 12.8% interest.
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