Meredith Corp. (MDP) Declares $0.4950 Quarterly Dividend; 3.7% Yield

Go back to Meredith Corp. (MDP) Declares $0.4950 Quarterly Dividend; 3.7% Yield

Meredith Corporation Board Of Directors Declares Quarterly Dividend

August 10, 2016 3:11 PM EDT

DES MOINES, Iowa, Aug. 10, 2016 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com) Board of Directors today declared a regular quarterly dividend of $0.4950 per share, or $1.98 on an annual basis.  The dividend will be payable on September 15, 2016, to shareholders of record on August 31, 2016. 

Meredith continues to focus on its successful Total Shareholder Return program.  Key elements include:

An annual dividend yielding approximately 4 percent based on yesterday's closing price of $52.90. ... More