LONDON, UK / ACCESSWIRE / February 26, 2018 / Active-Investors has a free review on Meredith Corp. (NYSE: MDP) following the Company's announcement that it will begin trading ex-dividend on February 27, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on February 26, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on MDP:

www.active-investors.com/registration-sg/?symbol=MDP

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On January 29, 2018, Meredith announced that its Board of Directors, approved a 4.8% increase of its regular stock dividend to $2.18 per share on an annualized basis, reflecting an increase of $0.10 per share. The next quarterly dividend will be $0.545 and is payable on March 15, 2018, to shareholders of record on February 28, 2018.

Meredith's indicated dividend represents a yield of 3.88%, which is substantially higher than the average dividend yield of 1.97% for the Services sector. The Company has raised dividend for five consecutive years.

Dividend Insight

Meredith has a dividend payout ratio of 46.9%, which denotes that the Company spends approximately $0.47 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Meredith is forecasted to report earnings of $3.90 for the next year, which is substantially higher than the Company's annualized dividend of $2.18 per share.

As of December 31, 2017, Meredith's consolidated cash and cash equivalents totaled $34.98 million compared to $22.29 million as on June 30, 2017. For the six months ended December 31, 2017, the Company's net cash provided by operating activities totaled $101.57 million compared to $117.28 million for the year ago corresponding period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for Meredith

On February 13, 2018, Meredith announced that it is among the beta publishers launching AMP Stories, which was created in collaboration with the open source AMP project and Google. AMP Stories provides a mobile-focused format for delivering news and information as visually rich, tap-through stories.

"AMP Stories have extraordinary potential to enhance how we create mobile content. Our team can easily create beautiful, media-rich stories that our users can now access quickly across the web," said Doug Parker, Vice President of Digital Design at Meredith, "We continue to be focused on creating the best content for every platform, and the creative possibilities on AMP Stories are endless."

About Meredith Corp.

Meredith operates as a diversified media Company in the United States. 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 National Media Group reaches nearly 200 million unduplicated American consumers every month, including 85% of US millennial women. Meredith's Local Media Group includes 17 television stations reaching more than 11% of US households. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 and 13 in Top 50 markets. The Company was founded in 1902 and is headquartered in Des Moines, Iowa.

Stock Performance Snapshot

February 23, 2018 - At Friday's closing bell, Meredith's stock advanced 3.56%, ending the trading session at $58.20.

Volume traded for the day: 523.52 thousand shares.

Stock performance in the previous six-month period ? up 6.89%

After last Friday's close, Meredith's market cap was at $2.56 billion.

Price to Earnings (P/E) ratio was at 18.56.

The stock has a dividend yield of 3.75%.

The stock is part of the Services sector, categorized under the Publishing - Periodicals industry. This sector was up 1.4% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors