Meredith Corp. (MDP) Raises Quarterly Dividend 3.5% to $0.595; 7.9% Yield

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Meredith Board Of Directors Raises Dividend To $2.38 Per Share

February 3, 2020 8:30 AM EST

DES MOINES, Iowa, Feb. 3, 2020 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com) Board of Directors on February 1, 2020, approved a 3.5 percent increase in its regular stock dividend to $2.38 per share on an annualized basis, an increase of $0.08 per share. The next quarterly dividend will be $0.595 and is payable on March 13, 2020, to shareholders of record on February 28, 2020. 

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