- What is Yellow Pages Income Fund’s (“YPIF” or “the Fund”) current distribution payment?
- Does YPIF have a Distribution Re-Investment Plan (“DRIP”)?
- What is the tax treatment for YPIF’s cash distributions?
- What are the Fund's and subsidiary's publicly traded securities and what are their tickers?
- Are there any foreign ownership restrictions on YPIF units?
- What is the current structure of the Fund
- Where can I find the most recent financial results of the company?
- What are the upcoming financial reporting dates?
- What is Yellow Pages Income Fund’s outlook for 2008?
- Who is part of Yellow Pages Income Fund's executive leadership team?
- Who are the financial research analysts covering YPIF?
- To contact us or our Transfer Agent
1. What is Yellow Pages Income Fund’s (“YPIF” or “the Fund”) current distribution payment?
The current cash distribution per unit paid to Unitholders is $1.13 per year or $0.09417 per month.
The Fund makes monthly cash distributions to unitholders of record on the last business day of each month, net of estimated cash amounts required for expenses and other obligations of the Fund, potential cash redemptions of units and any tax liability.
We periodically review cash distributions taking into account our current and prospective performance. Some of the factors considered in making decisions related to distributions include cash amounts to service debt obligations, maintenance capital expenditures, taxes and other items considered to be prudent.
For additional information on our cash distributions please refer to the following section of our website http://www.ypg.com/page.php/en/1/48.html.
2. Does YPIF have a Distribution Re-Investment Plan (“DRIP”)?
We currently do not have a DRIP plan in place.
3. What is the tax treatment for YPIF’s cash distributions?
YPIF is an income trust and as such, the distributions from the Fund may generally consist of interest income, dividend income and/or return of capital depending on the nature of the income received from its subsidiaries. All or substantially all of such distributions have historically been taxable to individual Canadian resident unitholders. Furthermore, the Fund expects that all or substantially all of its future distributions will be taxable to individual Canadian resident unitholders for the foreseeable future.
For additional information please refer to the following section of our website http://www.ypg.com/page.php/en/1/51.html.
4. What are the Fund's and subsidiary's publicly traded securities and what are their tickers?
All units and securities are traded on the Toronto Stock Exchange under the following tickers:
- YLO.UN - Units
- YPG.BD - Exchangeable Debentures
- YPG.PR.A Series 1 - Cumulative Redeemable Preferred shares
- YPG.PR.B Series 2 - Cumulative Redeemable Preferred shares
5. Are there any foreign ownership restrictions on YPIF units?
In order for the Fund to maintain its status as a mutual fund trust under the Tax Act, the Fund must not be established or maintained primarily for the benefit of non-residents of Canada within the meaning of the Tax Act. Accordingly, the Fund Declaration of Trust provides that at no time may non-residents of Canada be the beneficial owners of more than 49.9% of the Units.
6. What is the current structure of the Fund
Yellow Pages Income Fund indirectly holds an approximate 97% ownership interest in Yellow Pages Group and Trader Corporation the two operating entities.
For additional information on the structure of the Fund you should consult our most recent Prospectus which can be found on www.SEDAR.com.
7. Where can I find the most recent financial results of the company?
For the latest published financial documents visit the Financial Reports section.
8. What are the upcoming financial reporting dates?
Visit the Investor Calendar section of our corporate website for the Fund’s reporting calendar and for other upcoming events:
For the latest published financial documents visit the Financial Reports section of this website.
9. What is Yellow Pages Income Fund’s outlook for 2008?
|
2008 Outlook |
|
|
Directories |
|
|
Adjusted Revenue growth on a comparable basis |
4% to 5% |
|
Adjusted EBITDA growth on a comparable basis |
4% to 7% |
|
Vertical Media |
|
|
Revenue growth on a comparable basis |
5% to 7% |
|
EBITDA growth on a comparable basis |
7% to 9% |
|
Consolidated Yellow Pages Income Fund |
|
|
Growth in online revenues |
~30% |
|
Distributable cash per unit |
8% to 10% |
For additional information please refer to the Outlook section of our most recent Management Discussion and Analysis found in our Financial Reports.
10. Who is part of Yellow Pages Income Fund's executive leadership team?
Visit the Management Team and Board of Directors pages for detailed information.
11. Who are the financial research analysts covering YPIF?
Please visit the Analyst Coverage page for a complete list of analysts.
12. To contact us or our Transfer Agent
Yellow Pages Income Fund
16 Place du Commerce
Île des Soeurs
Verdun (Québec)
H3E 2A5
Investor Relations
Toll Free Number: 1 877 YLO-2003 (1 877 956-2003)
Email: IR.info@ypg.com
Transfer Agent
CIBC Mellon Trust Company
Answer Line: 1 800 387-0825
E-Mail Inquiries: inquiries@cibcmellon.com
Address:
2001 University Street, Suite 1600
Montreal, Québec H3A 2A6
Your comments, questions and feedback are welcome. Click here
|
