GoldenTree Asset Management LP Sells 1,200 Shares of Yellow Pages Limited (TSE:Y) Stock

Key Points

• GoldenTree Asset Management LP, an insider at Yellow Pages Limited, sold 1,200 shares at an average price of C$10.59, totaling C$12,708 on July 24th.
• The company recently announced a quarterly dividend of C$0.25, which equates to an annualized yield of 9.11% and a payout ratio of 39.52%.
• As of recent trading, Yellow Pages Limited's stock price stands at C$10.98 with a market capitalization of C$151.15 million and a P/E ratio of 4.34.

Yellow Pages Limited (TSE:Y - Get Free Report) insider GoldenTree Asset Management LP sold 1,200 shares of the business's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of C$10.59, for a total value of C$12,708.00.

Yellow Pages Stock Down 0.2%

TSE Y traded down C$0.02 on Friday, hitting C$10.97. 5,900 shares of the stock traded hands, compared to its average volume of 4,748. The stock has a 50-day moving average of C$11.16 and a 200 day moving average of C$10.91. Yellow Pages Limited has a twelve month low of C$9.25 and a twelve month high of C$12.19. The company has a market capitalization of C$151.01 million, a P/E ratio of 4.34, a price-to-earnings-growth ratio of -0.32 and a beta of 0.86. The company has a current ratio of 1.92, a quick ratio of 3.26 and a debt-to-equity ratio of 66.82.

Yellow Pages Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $1.00 annualized dividend and a dividend yield of 9.1%. Yellow Pages's dividend payout ratio is 39.52%.

Yellow Pages Company Profile

Yellow Pages Ltd is a media and marketing solutions company in Canada, offering small and medium-sized enterprises (SMEs) services to help them connect with local consumers. The company has two reportable segments namely Yellow Pages and Other. It generates maximum revenue from the Yellow Pages segment.