Yellow Pages (TSE:Y) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Yellow Pages Limited (TSE:Y) shares fell below their two hundred day moving average of C$10.91, hitting a low of C$10.68 during trading.
• The company recently announced a quarterly dividend of $0.25, resulting in an annual yield of 9.1% and a payout ratio of 39.52%.
• Yellow Pages operates as a media and marketing solutions provider in Canada, primarily servicing small and medium-sized enterprises (SMEs).

Yellow Pages Limited (TSE:Y - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.91 and traded as low as C$10.68. Yellow Pages shares last traded at C$10.99, with a volume of 2,801 shares traded.

Yellow Pages Stock Up 0.3%

The business's 50 day moving average is C$11.14 and its 200-day moving average is C$10.91. The stock has a market cap of C$151.43 million, a price-to-earnings ratio of 4.35, a PEG ratio of -0.32 and a beta of 0.86. The company has a debt-to-equity ratio of 66.82, a quick ratio of 3.26 and a current ratio of 1.92.

Yellow Pages Dividend Announcement

The business also recently declared 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. This represents a $1.00 annualized dividend and a dividend yield of 9.1%. The ex-dividend date was Tuesday, May 27th. Yellow Pages's payout ratio is currently 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.