Meredith Corporation (MDP) Ex-Dividend Date Scheduled for May 28, 2014


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Meredith Corporation ( MDP ) 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 ( NWSA ) and News Corporation ( NWS ). 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 MDP Dividend History page. Our Dividend Calendar 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 ( PEY )
  • PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ( PRFZ ).

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%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: MDP , NWSA , NWS , PEY , PRFZ

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