Meredith Corporation (
) will begin trading ex-dividend on August 27, 2014. A cash
dividend payment of $0.4325 per share is scheduled to be paid on
September 15, 2014. Shareholders who purchased MDP stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This marks the 3rd quarter that MDP has paid the same dividend. At
the current stock price of $46.71, the dividend yield is 3.7%.
The previous trading day's last sale of MDP was $46.71,
representing a -13.24% decrease from the 52 week high of $53.84 and
a 16.46% increase over the 52 week low of $40.11.
MDP is a part of the Consumer Services sector, which includes
companies such as News Corporation (
) and News Corporation (
). MDP's current earnings per share, an indicator of a company's
profitability, is $2.5. Zacks Investment Research reports MDP's
forecasted earnings growth in 2015 as 14.4%, compared to an
industry average of 8.2%.
For more information on the declaration, record and payment
dates, visit the
has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MDP through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MDP as a top-10 holding:
- PowerShares High Yield Equity Dividend Achievers Portfolio (
The top-performing ETF of this group is PEY with an increase of
4.26% over the last 100 days. It also has the highest percent
weighting of MDP at 2.12%.