Meredith Corporation (
) will begin trading ex-dividend on August 28, 2013. A cash
dividend payment of $0.4075 per share is scheduled to be paid on
September 13, 2013. 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 $45.01, the dividend yield is 3.62%.
The previous trading day's last sale of MDP was $45.01,
representing a -8.32% decrease from the 52 week high of $49.10 and
a 53.78% increase over the 52 week low of $29.27.
MDP is a part of the Consumer Services sector, which includes
companies such as Gannett Co., Inc. (
) and Rovi Corporation (
). MDP's current earnings per share, an indicator of a company's
profitability, is $2.74. Zacks Investment Research reports MDP's
forecasted earnings growth in 2014 as -3.87%, compared to an
industry average of -1.5%.
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 Dynamic Media (
- PowerShares High Yield Equity Dividend Achievers Portfolio (
The top-performing ETF of this group is PBS with an increase of
16.2% over the last 100 days. It also has the highest percent
weighting of MDP at 2.9%.