Richards Packaging Income Fund Announces February 2025 Distribution

Richards Packaging Income Fund (RPI.UN), a leading packaging distribution business, has announced its cash distribution for the month ended January 31, 2025. The Fund will distribute Cdn$0.11 per unit to unitholders of record at the close of business on January 31, 2025, with the payment scheduled for February 14, 2025. 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.

The Fund's consistent distribution policy aligns with its overall investment strategy, focusing on providing a stable and growing income stream to its investors. Richards Packaging Income Fund, through its subsidiary Richards Packaging Inc., distributes plastic and glass containers and associated closures to a wide range of sectors, including food and beverage, cosmetics, healthcare, and industrial. This diversification helps mitigate risk and ensures a steady cash flow to support distributions.

The Fund's distribution policy is also supported by its strong balance sheet and low debt-to-equity ratio, which allows it to generate sufficient cash flow to support distributions while maintaining financial flexibility to pursue growth opportunities. The Fund's consistent distribution policy has contributed to its ability to attract and retain investors seeking a stable and growing income stream.



In conclusion, Richards Packaging Income Fund's February 2025 distribution announcement reflects the Fund's commitment to maintaining a stable and predictable income stream for its unitholders. The Fund's distribution policy aligns with its overall investment strategy, focusing on diversification, risk mitigation, and financial flexibility. As the Fund continues to generate steady cash flow from its packaging distribution business, investors can expect a consistent and growing income stream in the future.