Richards Group Inc. Announces May 2026 Dividend

Rhea-AI Summary

Richards Group (TSX: RIC, OTC: RPKIF) declared a monthly cash dividend of Cdn$0.11 per share for the month ended May 31, 2026. The dividend is payable on June 12, 2026 to shareholders of record as of May 29, 2026.

Non-resident shareholders may be subject to Canadian withholding tax on this dividend.

AI-generated analysis. Not financial advice.

Positive

• Monthly cash dividend of Cdn$0.11 per share declared for May 2026
• Dividend record date set for May 29, 2026
• Dividend payment date scheduled for June 12, 2026

Negative

• Non-resident shareholders may owe withholding tax on dividend income

Toronto, Ontario--(Newsfile Corp. - May 19, 2026) - Richards Group Inc. (TSX: RIC) (the "Company") announced today its cash dividend for the month ended May 31, 2026 of Cdn$0.11 per share. This dividend will be to shareholders of record at the close of business on May 29, 2026 and will be payable on June 12, 2026. Shareholders who are non-residents of Canada may be required to pay all withholding taxes payable in respect of any dividends of income by the Company, whether such dividends are in the form of cash or additional shares.

About Richards Group Inc.

Founded in 1912 and headquartered in Mississauga, Ontario, Canada, Richards Group operates across two core segments, Healthcare and Packaging, serving a global customer base with market leading medical devices, supplies, and equipment, as well as a diverse offering of glass and plastic packaging solutions. Richards is the largest Canadian distributor in aesthetic, pharmacy, and vision care devices, the third largest in Canadian packaging, and is newly developing a medical device global OEM footprint. The company differentiates itself through product innovation, high touch service, and deep industry expertise. For more information, visit richardsgroup.com.

FOR MORE INFORMATION CONTACT:

Enzio Di Gennaro
Chief Financial Officer
Richards Group Inc.
(905) 670-7760
edigennaro@richardsgroup.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297952

FAQ

What dividend did Richards Group (RPKIF) declare for May 2026?

Richards Group declared a monthly cash dividend of Cdn$0.11 per share for May 2026. According to the company, this dividend applies to the month ended May 31, 2026, for all eligible common shareholders.

What are the record date and payment date for Richards Group (RPKIF) May 2026 dividend?

The May 2026 dividend is payable on June 12, 2026 to shareholders of record on May 29, 2026. According to the company, investors must own shares before the record date to receive this dividend.

Is the Richards Group (RPKIF) May 2026 dividend paid in cash or shares?

The May 2026 dividend from Richards Group is a cash dividend of Cdn$0.11 per share. According to the company, dividends may also sometimes be paid as additional shares, but this announcement specifies a cash payment.

How does Canadian withholding tax affect non-resident holders of Richards Group (RPKIF) dividend?

Non-resident shareholders may be required to pay Canadian withholding tax on the May 2026 dividend. According to the company, this applies to dividend income whether received as cash or as additional shares, depending on investor tax status.

Which period does the Richards Group (RPKIF) May 2026 dividend cover?

The announced dividend covers the month ended May 31, 2026. According to the company, this Cdn$0.11 per share cash dividend relates specifically to that monthly period rather than a full quarter or year.