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January 14, 2008

Johnston Press share price could dip even further

By Patrick

Regional newspaper publisher Johnston Press could see its share price drop even further, according to Dominic Picarda writing in the Financial Times.

The company’s share price peaked three years ago and has since halved, with traders expecting a price of around 175p if the current support rate of 205p gives way.

Johnston’s dividend yield is 3.87 per cent, higher than any time since the early 1990s.

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