Meredith Corp. (MDP) Raises Quarterly Dividend 5.5% to $0.575; 4.3% Yield

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Meredith Board Of Directors Raises Dividend 5.5 Percent To $2.30 Per Share

February 4, 2019 9:31 AM EST

DES MOINES, Iowa, Feb. 4, 2019 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com) Board of Directors on February 2, 2019, approved a 5.5 percent increase in its regular stock dividend to $2.30 per share on an annualized basis, an increase of $0.12 per share. The next quarterly dividend will be $0.575 and is payable on March 15, 2019, to shareholders of record on February 28, 2019. 

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