Meredith Declares Quarterly Dividend

The Meredith Corp. board of directors on Wednesday declared a regular quarterly dividend of $0.4075 per share, or $1.63 on an annual basis. The new dividend will be payable on Sept. 13 to shareholders of record on Aug. 30. Meredith has paid a dividend for 66 consecutive years and increased it for 20 years straight. Meredith's dividend currently yields 3.5% based on Wed., Aug. 14's closing price of $47.24.


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