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Meredith Corporation Board of Directors Declares Quarterly Dividend

Declared a regular quarterly dividend of $0.4075 per share

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The Meredith Corporation 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, 2013, to shareholders of record on Aug. 30, 2013.

Meredith has paid a dividend for 66 consecutive years and increased it for 20 years straight. Most recently, Meredith raised its annualized dividend by 6.5% on February 3, 2013.

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