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    Y   CA9855721069

YELLOW PAGES LIMITED

(Y)
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Yellow Pages Limited : Declares a Cash Dividend and Confirms the Full Redemption of Exchangeable Debentures

06/01/2021 | 07:31am EDT

MONTREAL, June 1, 2021 /CNW Telbec/ - Yellow Pages Limited (TSX: Y) (the "Company"), a leading Canadian digital media and marketing company, declares a quarterly cash dividend(1) and confirms the full redemption of its Exchangeable Debentures at par, plus accrued and unpaid interest, an amount that totals $111,314,320

"As we announced on April 23, 2021, we are pleased to confirm that the Company fully redeemed its Exchangeable Debentures yesterday and now has officially reached the milestone of becoming debt-free" said David A. Eckert, President and CEO of Yellow Pages Limited. "Further, the Board of Directors has declared a cash dividend of $0.15 per common share, payable on June 30, 2021 to shareholders of record as at June 9, 2021".

(1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

About Yellow Pages Limited

Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada's leading local online properties including YP.ca, Canada411 and 411.ca. The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca.

SOURCE Yellow Pages Limited

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2021 283 M 223 M 223 M
Net income 2021 - - -
Net cash 2021 52,0 M 41,1 M 41,1 M
P/E ratio 2021 -
Yield 2021 3,97%
Capitalization 390 M 308 M 308 M
EV / Sales 2021 1,20x
EV / Sales 2022 1,22x
Nbr of Employees 671
Free-Float 100,0%
Chart YELLOW PAGES LIMITED
Duration : Period :
Yellow Pages Limited Technical Analysis Chart | Y | CA9855721069 | MarketScreener
Technical analysis trends YELLOW PAGES LIMITED
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Last Close Price 14,09 CAD
Average target price 13,33 CAD
Spread / Average Target -5,37%
Managers and Directors
David Alan Eckert President, Chief Executive Officer & Director
Franco Sciannamblo Chief Financial Officer & Senior Vice President
Susan Kudzman Chairman
Craig I. Forman Independent Non-Executive Director
Robert Kenneth Hall Independent Non-Executive Director
Sector and Competitors