National Bankshares Forecasts Strong Price Appreciation for Yellow Pages (TSE:Y) Stock

Yellow Pages (TSE:Y) had its target price upped by National Bankshares from C$10.00 to C$10.50 in a research report report published on Wednesday morning,BayStreet.CA reports.

Yellow Pages Price Performance

Y opened at C$10.77 on Wednesday. The stock has a market capitalization of C$146.04 million, a price-to-earnings ratio of 4.41, a price-to-earnings-growth ratio of -0.32 and a beta of 0.86. Yellow Pages has a 12 month low of C$8.70 and a 12 month high of C$12.08. The company has a debt-to-equity ratio of 69.83, a current ratio of 1.79 and a quick ratio of 3.26. The business has a 50-day moving average of C$9.93 and a two-hundred day moving average of C$9.61.

Yellow Pages Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.29%. Yellow Pages’s dividend payout ratio (DPR) is presently 40.98%.

About Yellow Pages

Yellow Pages Limited, through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada. The company offers digital and traditional marketing solutions, including online and mobile priority placement on Yellow Pages digital media properties, content syndication, search engine, website fulfillment, social media campaign management, digital display advertising, video production, e-commerce, and print advertising.