Yellow Pages Limited (Y.TO) (TSE:Y) Plans Quarterly Dividend of $0.11

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Yellow Pages Limited (Y.TO) (TSE:Y) announced a quarterly dividend on Tuesday, November 24th, TickerTech reports. Shareholders of record on Tuesday, December 15th will be given a dividend of 0.11 per share on Tuesday, December 15th. This represents a $0.44 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Tuesday, November 24th.

TSE:Y opened at C$12.68 on Friday. Yellow Pages Limited has a 12-month low of C$6.00 and a 12-month high of C$13.25. The company has a current ratio of 3.66, a quick ratio of 3.43 and a debt-to-equity ratio of 848.58. The stock’s 50 day simple moving average is C$12.16 and its 200-day simple moving average is C$10.46. The firm has a market cap of $354.74 million and a P/E ratio of 3.91.

A number of brokerages have recently issued reports on Y. Canaccord Genuity increased their target price on Yellow Pages Limited (Y.TO) from C$9.00 to C$11.00 in a research note on Friday, August 7th. National Bank Financial lowered Yellow Pages Limited (Y.TO) from an “outperform” rating to a “sector perform” rating and set a C$13.00 price objective on the stock. in a report on Friday, November 13th. Finally, Royal Bank of Canada raised their target price on Yellow Pages Limited (Y.TO) from C$12.00 to C$13.00 and gave the company a “sector perform” rating in a report on Friday, August 7th.

In other news, insider GoldenTree Asset Management LP sold 50,000 shares of the business’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of C$12.25, for a total value of C$612,500.00. Following the completion of the transaction, the insider now directly owns 163,473 shares of the company’s stock, valued at C$2,002,544.25.

About Yellow Pages Limited (Y.TO)

Yellow Pages Limited operates as a digital media and marketing solutions company in Canada. The company provides digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages owned and operated media, content syndication, search engine solutions, Website fulfillment, social media campaign management, digital display advertising, video production, and print advertising to small and medium-sized businesses.

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