Dividends and SPThe dividend is not going to be cut nor is the payout policy going to change. The business model is stable and improving. If we see even the smallest hint of growth in the next two quarters, the SP will be an easy double, or better, from here.
The Trader deal was key for YP and the fact that it is proceeding gives me a lot of confidence for the future of YPG. The debt is being reduced significantly which will improve the bottom line and help maintain divvy over longer term. I am long and averaging down here.