Yellow Pages (TSE:Y) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Key Points

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Shares of Yellow Pages Limited (TSE:Y - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$11.15 and traded as high as C$11.20. Yellow Pages shares last traded at C$11.16, with a volume of 2,375 shares changing hands.

Yellow Pages Trading Up 0.7%

The business's 50 day moving average price is C$11.15 and its 200-day moving average price is C$10.89. The company has a debt-to-equity ratio of 66.82, a quick ratio of 3.26 and a current ratio of 1.92. The company has a market cap of C$155.56 million, a price-to-earnings ratio of 4.47, a PEG ratio of -0.32 and a beta of 0.86.

Yellow Pages Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, September 15th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 25th. This represents a $1.00 annualized dividend and a dividend yield of 8.8%. Yellow Pages's dividend payout ratio is presently 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.