DES MOINES, Iowa, July 15, 2016 /PRNewswire/ -- Meredith
Corporation (NYSE: MDP; www.meredith.com), the leading media and
marketing company serving more than 100 million unduplicated
American women and nearly 75 percent of U.S. Millennial women, will
report fiscal 2016 and fourth quarter results on Thursday, July 28, 2016. A conference call
will be held at 11:00 AM EDT to
discuss the results. 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 in the
day on Meredith's website.
Meredith Corporation 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 660 hours of
local news and entertainment content each week, and operate leading
local digital destinations.
Meredith's National Media Group reaches more than 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. and at walmart.com.
Meredith Xcelerated Marketing is an award-winning, strategic and
creative agency that provides fully integrated marketing solutions
for many of the world's top brands, including Kraft, Lowe's, TGI
Friday'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