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

By: News
Posted: 11/26/2012 9:00:00 AM
Referenced Stocks: GCI;MDP;ROVI

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.