Meredith Corp. (MDP) Declares $0.4575 Quarterly Dividend; 3.6% Yield

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Meredith Board Of Directors Declares Quarterly Dividend

May 13, 2015 4:15 PM EDT

DES MOINES, Iowa, May 13, 2015 /PRNewswire/ -- The Meredith Corporation (NYSE: MDP) (www.meredith.com) Board of Directors today declared a regular quarterly dividend of $0.4575 per share, or $1.83 on an annual basis. The dividend will be payable on June 15, 2015, to shareholders of record on May 29, 2015.

Meredith has paid dividends for 68 consecutive years, increasing them for 22 years straight.  Over the last decade, Meredith has grown its dividend at an average annualized rate of 13... More