Meredith (MDP)
Meredith Update: Dividend Paused
2020-04-21
Introduction Meredith (MDP) surprised me with the recent announcement that they were going to “pause” their dividend – whatever that means. Frankly, I was surprised because the company had been guiding for strong cash flow both operating and free cash flow and EBITDA growth over the intermediate term future. So far, those consensus estimates have […]