Meredith To Report Fiscal 2019 Second Quarter And First Half Results
DES MOINES, Iowa, Feb. 7, 2019 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com), the leading media and marketing company with national brands serving 175 million unduplicated Americans, including 80 percent of U.S. millennial women and a paid subscription base of more than 40 million — and 17 local television stations in fast-growing markets — will host a conference call on Monday, February 11, 2019, at 8:30 AM EST to discuss its fiscal 2019 second quarter and first half results and third-quarter outlook. Meredith will distribute an earnings release prior to the call. To listen, visit Meredith Corporation's Investor Relations section at www.meredith.com prior to the start of the call. An archive version of the formal remarks and the audio portion of the webcast will be available later that day on Meredith's website.
Meredith has been committed to service journalism for more than 115 years. Today, Meredith uses multiple distribution platforms - including broadcast television, print, digital, mobile and video - to provide consumers with content they desire and to deliver the messages of its advertising and marketing partners.
Meredith's balanced portfolio consistently generates substantial free-cash flow, and the Company is committed to growing Total Shareholder Return through dividend payments, share repurchases and strategic investments.
On Feb. 2, 2019, Meredith raised its annualized dividend by 5.5 percent to $2.30 per share, representing a yield of approximately 4 percent. Since launching its Total Shareholder Return (TSR) strategy in October 2011, Meredith has increased its dividend more than 125 percent, and delivered an average annual return of 15 percent.
SOURCE Meredith Corporation
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article