Meredith Corporation (MDP) Ex-Dividend Date Scheduled for November 26, 2013


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Meredith Corporation ( MDP ) will begin trading ex-dividend on November 26, 2013. A cash dividend payment of $0.4075 per share is scheduled to be paid on December 13, 2013. Shareholders who purchased MDP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MDP has paid the same dividend. At the current stock price of $52.78, the dividend yield is 3.09%.

The previous trading day's last sale of MDP was $52.78, representing a -1.97% decrease from the 52 week high of $53.84 and a 77.11% increase over the 52 week low of $29.80.

MDP is a part of the Consumer Services sector, which includes companies such as News Corporation ( NWSA ) and Gannett Co., Inc. ( GCI ). MDP's current earnings per share, an indicator of a company's profitability, is $2.72. Zacks Investment Research reports MDP's forecasted earnings growth in 2014 as -3.95%, compared to an industry average of 1.6%.

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 Dynamic Media ( PBS )
  • WisdomTree U.S. SmallCap Dividend Growth Fund ( DGRS )
  • PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY ).

The top-performing ETF of this group is PBS with an increase of 16.54% over the last 100 days. It also has the highest percent weighting of MDP at 2.92%.

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
Referenced Stocks: DGRS , GCI , MDP , NWSA , PBS , PEY

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