Meredith Corporation (MDP) Ex-Dividend Date Scheduled for November 28, 2012


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Meredith Corporation ( MDP ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.3825 per share scheduled for December 14, 2012. Shareholders who purchased MDP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that MDP has paid the same dividend. At the current stock price of $30.9, the dividend yield is 4.95%.

The previous trading day's last sale of MDP was $30.9, representing a -18.34% decrease from the 52 week high of $37.84 and a 15.47% increase over the 52 week low of $26.76.

MDP is a part of the Consumer Services sector, which includes companies such as Gannett Co., Inc. ( GCI ) and Rovi Corporation ( ROVI ). MDP's current earnings per share, an indicator of a company's profitability, is $2.39. Zacks Investment Research reports MDP's forecasted earnings growth in 2013 as 11.84%, compared to an industry average of 17.4%.

For more information on the declaration, record and payment dates, visit the MDP Dividend History page.

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: GCI , MDP , ROVI

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