Meredith Corp. (MDP) Raises Quarterly Dividend 8.2% to $0.495; 4.7% Yield
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Meredith Board of Directors Increases Dividend More Than 8 Percent
February 2, 2016 8:03 AM ESTDES MOINES, Iowa, Feb. 2, 2016 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP;Â www.meredith.com) Board of Directors on Saturday increased its regular dividend 8.2 percent to $1.98 on an annualized basis, an increase of $0.15 per share. Â The next dividend will be $0.4950 per share and is payable on March 15, 2016, to shareholders of record on February 29, 2016.Â
Meredith continues to focus on its successful Total Shareholder Return program. Key elements include:
An annual dividend yielding... More