Published:
Meredith Corporation Board Declares Dividend
Meredith Corporation Board Declares Dividend
DES MOINES, Iowa, May 15 /PRNewswire-FirstCall/ -- The Meredith
Corporation (NYSE: MDP) Board of Directors yesterday declared a dividend of
21-1/2 cents per share, payable on June 13, 2008 to shareholders of record on
May 30, 2008. The Company has paid a dividend for 61 consecutive years and has
increased its dividend for 15 consecutive years.
ABOUT MEREDITH CORPORATION
Meredith Corporation (NYSE:MDP: http://www.meredith.com) is one of
America's premier media and marketing companies.Meredith combines well-known
national brands -- including Better Homes and Gardens, Parents, Ladies' Home
Journal, Family Circle, American Baby, Fitness and More -- with local
television brands in fast growing markets.Meredith is the industry leader in
creating content in key consumer interest areas such as home, family, health
and wellness and self-development.Meredith then uses multiple distribution
platforms -- including print, television, online, mobile and video -- to give
consumers content they desire and to deliver the messages of its marketing
partners. Additionally,Meredith uses its many assets to create powerful
custom marketing solutions for many of the nation's top brands and companies.
The goals of these programs are to increase consumer loyalty and produce
repeated consumer interaction. In the last two years,Meredith has
significantly added to its capabilities in this area through the acquisition
of cutting-edge companies in areas such as online, word-of-mouth and database
marketing.Meredith employs approximately 3,000 people throughoutthe United
States, including approximately 1,000 inDes Moines and 750 inNew York City.
Meredith's 2007 annual revenues were $1.6 billion.
SOURCE Meredith Corporation
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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