Meredith Corp. (MDP) Declares $0.4950 Quarterly Dividend; 3.7% Yield
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Meredith Corporation Board Of Directors Declares Quarterly Dividend
August 10, 2016 3:11 PM EDTDES 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.Â
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
