Meredith Corporation (
) will begin trading ex-dividend on May 29, 2013. A cash dividend
payment of $0.4075 per share is scheduled to be paid on June 14,
2013. Shareholders who purchased MDP stock prior to the ex-dividend
date are eligible for the cash dividend payment. This represents an
6.54% increase over the same period a year ago. At the current
stock price of $41.3, the dividend yield is 3.95%.
The previous trading day's last sale of MDP was $41.3,
representing a -10.12% decrease from the 52 week high of $45.95 and
a 49.21% increase over the 52 week low of $27.68.
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 $2.66. Zacks Investment Research reports MDP's
forecasted earnings growth in 2013 as 13.6%, compared to an
industry average of 14.4%.
For more information on the declaration, record and payment
dates, visit the