Meredith Corporation To Present At Jefferies Conference

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Apr 30, 2014, 01:28 ET

DES MOINES, Iowa, April 30, 2014 /PRNewswire/ -- Meredith Corporation (NYSE: MDP), one of America's leading media companies, will present at the Jefferies 2014 Global Technology, Media and Telecom Conference at 11:00 am EDT on May 8, 2014, in Miami, Florida.

Meredith Chairman and CEO Steve Lacy and Chief Financial Officer Joe Ceryanec will discuss Meredith's key strategic initiatives, including the company's ongoing commitment to Total Shareholder Return.

A copy of the presentation and access to webcast will be available on the Investor Relations portion of www.meredith.com.

Meredith Corporation (NYSE: MDP; www.meredith.com) is the leading media and marketing company serving American women. Meredith reaches 100 million American women every month through well-known national brands including Better Homes and Gardens, Parents, Family Circle, Allrecipes, Every Day with Rachael Ray and FamilyFun. Meredith is the industry leader in creating content in key consumer interest areas such as home, family, food, health and wellness and self-development. Meredith uses media platforms including print, television, digital, mobile, tablets and video to give consumers content they desire and to deliver the messages of its advertising and marketing partners. Meredith owns or operates 14 television stations that reach more than 10 percent of U.S. television households. Additionally, Meredith Xcelerated Marketing serves the nation's top brands and companies with deep expertise in digital, mobile, social, healthcare, analytics and international marketing.

A hallmark of Meredith's business model and financial profile is its ability to consistently generate substantial free cash flow by leveraging the strength of its multi-platform portfolio. Meredith is committed to increasing Total Shareholder Return through dividend payments, share repurchases and strategic business investments. Meredith has paid a dividend for 67 straight years and increased its dividend for 21 consecutive years. Meredith currently pays an annual dividend of $1.73 per share that yields approximately 4 percent.

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SOURCE Meredith Corporation