Yellow Pages (TSE:Y) Shares Cross Above 50-Day Moving Average - Here's Why

Key Points

• Yellow Pages Limited shares recently crossed above their 50-day moving average, indicating a potential upward trend in stock price.
• The company declared a quarterly dividend of $0.25 per share, representing a 9.0% annualized yield and a payout ratio of 39.52%.
• Yellow Pages has a market capitalization of C$152.80 million, with a P/E ratio of 4.39, suggesting potential attractiveness to investors.

Yellow Pages Limited (TSE:Y - ) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$11.14 and traded as high as C$11.17. Yellow Pages shares last traded at C$11.10, with a volume of 14,258 shares.

Yellow Pages Price Performance

The stock's fifty day moving average is C$11.14 and its 200-day moving average is C$10.89. The stock has a market capitalization of C$152.80 million, a PE ratio of 4.39, a P/E/G ratio of -0.32 and a beta of 0.86. The company has a debt-to-equity ratio of 66.82, a current ratio of 1.92 and a quick ratio of 3.26.

Yellow Pages Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 15th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $1.00 dividend on an annualized basis and a yield of 9.0%. Yellow Pages's dividend payout ratio is 39.52%.

About Yellow Pages

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.

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