Meredith Corporation (MDP) Ex-Dividend Date Scheduled for May 26, 2016

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Meredith Corporation ( MDP ) will begin trading ex-dividend on May 26, 2016. A cash dividend payment of $0.495 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased MDP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.2% increase over the same period a year ago. At the current stock price of $49.28, the dividend yield is 4.02%.

The previous trading day's last sale of MDP was $49.28, representing a -8.42% decrease from the 52 week high of $53.81 and a 40.68% increase over the 52 week low of $35.03.

MDP is a part of the Consumer Services sector, which includes companies such as News Corporation ( NWS ) and News Corporation ( NWSA ). MDP's current earnings per share, an indicator of a company's profitability, is $3.69. Zacks Investment Research reports MDP's forecasted earnings growth in 2016 as -.91%, compared to an industry average of 15%.

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:

  • S&P MidCap 400 Dividend Aristocrats ETF ( REGL ).

The top-performing ETF of this group is REGL with an increase of 12.37% over the last 100 days.

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 Symbols: MDP , NWS , NWSA , REGL

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