Meredith Corporation (NYSE:MDP) Reports Dividend Payout


Meredith Corporation (NYSE:MDP) latest PR states that its stakeholders will get cash payout of $0.495 per share. For the dividend payment, the record date is 2016-08-31, the payment date is 2016-09-15, and the ex-dividend date is 2016-08-29. This news was issued on 2016-08-10.

Shareholders of Meredith Corporation (NYSE:MDP) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.495 per share against the dividend payout of $0.495 a share in the comparable period, implying a difference of 7.0225%.

The experts are predicting EPS of $0.72. Meredith Corporation (NYSE:MDP) has a short-range price target of $50, which is the average price of the stock opinions given by 2 analysts. These experts have placed the target range of $50 to $50 for the next year. Due to this, the standard deviation is noted at $0 after considering all the price estimates.

It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2016-06-30, Meredith Corporation (NYSE:MDP) reported EPS of $1.08. The firm is likely to post financial figures for the quarter ending on 2016-09-30 on or around 2016-11-03.

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