Meredith Corporation (
) will begin trading ex-dividend on May 28, 2014. A cash dividend
payment of $0.4325 per share is scheduled to be paid on June 13,
2014. Shareholders who purchased MDP stock prior to the ex-dividend
date are eligible for the cash dividend payment. This represents an
6.13% increase over the same period a year ago. At the current
stock price of $45.37, the dividend yield is 3.81%.
The previous trading day's last sale of MDP was $45.37,
representing a -15.73% decrease from the 52 week high of $53.84 and
a 14.8% increase over the 52 week low of $39.52.
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 $2.36. Zacks Investment Research reports MDP's
forecasted earnings growth in 2014 as -5.84%, compared to an
industry average of 3.2%.
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 (
- PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (
The top-performing ETF of this group is PEY with an increase of
3.63% over the last 100 days. It also has the highest percent
weighting of MDP at 1.92%.