In stock research, it is very beneficial to favor the highest paying dividend stocks. But it is just as important to differentiate the best dividend paying stocks from the highest paying dividend stocks. This can only be done by focusing on more of the detail. We will do that in this post for Meredith Corporation (MDP).
MDP is a diversified media company. It is involved in magazine and book publishing, television broadcasting, brand licensing, and integrated marketing programs.
We show MDP has having largely average fundamentals. But MDP could rank on the high side of average for many of these fundamentals. Its growth prospects are slightly above average; and it does a decent job of turning in a steady and reliable return. It scores some of the highest marks for sales stability of any company we follow. This characteristic is particular impressive considering the erratic nature of its business (printing & publishing).
It also has strong cash flows and it covers its dividend easily (the Dividend/Cash Flow from Operations ratio is 0.444). Still, MDP is not cheap, and its overall fundamentals are only average.
Stat Sheet – Meredith Corporation
|Industry||Printing & Publishing|
|Market Cap||$ 2,084|
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