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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by aclcmcon Jan 11, 2011 12:04pm
335 Views
Post# 17953978

RE: RE: RE: RE: RE: yellow media's taxes

RE: RE: RE: RE: RE: yellow media's taxesMoney: My take on this is a bit different. On the assumption – and this is an assumption – that Yellow can demonstrate stability and momentum as it transitions into the electronic world, the 65-cent yield of 11/12% will likely be seen by the market as an opportunity to bring it down, via a share-price increase. That's what has happened with most of my former trusts – the unit/share price increased to bring the dividends of those former trusts more into line with more reasonable yields, such as those paid by BCE, TRP, Telus etc. Yellow has been a laggard on that score, IMO, because there is considerable market uncertainty over its prospects for the short and long-term future. But if Yellow can put good numbers on the board, the share price should rise. If that happens, fine, but in the meantime, this 11/12% yield serves as a nice income offset for the more growth-oriented areas of our portfolio. Best of luck to you. aclcmc
Bullboard Posts