Meredith boosts dividend


The board of directors at Meredith Corporation has approved a 16% increase in the company’s dividend. The quarterly dividend payout will increase by three cents to 21 and a half cents per share. The higher dividend will be paid March 14th to shareholders of record on February 29th.

Meredith owns 12 television stations, one radio station, 25 subscription magazines and many other special interest publications.