DES MOINES, Iowa, May 5, 2016 /PRNewswire/ -- Meredith Corporation
(NYSE: MDP), one of America's leading media and marketing
companies, will present at Stephens Spring Investment
Conference on June 7, 2016 at
8:00 am EDT in New York City.
Meredith's Chairman and Chief Executive Officer, Steve Lacy, and Chief Financial Officer,
Joe Ceryanec, will discuss
Meredith's key strategic initiatives, including continued
successful execution of its Total Shareholder Return
program.
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) has
been committed to service journalism for more than 110 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 Local Media Group includes 17 owned or operated
television stations reaching 11 percent of U.S. households.
Meredith's portfolio is concentrated in large, fast-growing
markets, with seven stations in the nation's Top 25 - including
Atlanta, Phoenix, St.
Louis and Portland - and 13
in Top 50 markets. Meredith's stations produce over 650 hours of
local news and entertainment content each week, and operate leading
local digital destinations.
Meredith's National Media Group reaches 100 million unduplicated
women every month, including nearly 75 percent of U.S. millennial
women. Meredith is the leader in creating and distributing content
across platforms in key consumer interest areas such as food, home,
parenting and health through well-known brands such as Better Homes
and Gardens, Allrecipes, Parents and Shape. Meredith also
features robust brand licensing activities, including more than
3,000 SKUs of branded products at 4,000 Walmart stores across the
U.S. Meredith Xcelerated Marketing is a leader at developing and
delivering custom content and customer relationship marketing
programs for many of the world's top brands, including Kraft,
Lowe's and NBC Universal.
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 business investments. Meredith's current annualized
dividend of $1.98 per share yields
approximately 4 percent. Meredith has paid a dividend for 69
straight years and increased it for 23 consecutive years.
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SOURCE Meredith Corporation