Time Inc slashes dividend in cost-cutting push, shares dive

Go back to Time Inc slashes dividend in cost-cutting push, shares dive

Meredith Corp. (MDP) Declares $0.52 Quarterly Dividend; 3.7% Yield

May 10, 2017 9:19 AM EDT

Meredith Corp. (NYSE: MDP) declared a quarterly dividend of $0.52 per share, or $2.08 annualized.

The dividend will be payable on June 15, 2017, to stockholders of record on May 31, 2017, with an ex-dividend date of May 26, 2017.

The annual yield on the dividend is 3.7 percent.

For a... More