Meredith Corp. has declared a regular quarterly dividend of 22-1/2 cents per share, payable on December 15, 2009 to shareholders of record on November 30, 2009. At the company's annual meeting held on November 4, 2009, directors Herbert M. Baum and David J. Londoner retired from the Board effective on November 4, 2009 after reaching the mandatory retirement age as set in Meredith's corporate governance guidelines.

Meredith Corp. reported unaudited consolidated earnings results for the first quarter ended September 30, 2009. For the quarter, the company reported total revenues of $332.415 million, earnings from continuing operations before income taxes of $26.551 million, earnings from continuing operations of $18.341 million or $0.40 per diluted share and net earnings of $18.341 million or $0.40 per diluted share against total revenues of $364.070 million, earnings from continuing operations before income taxes of $32.837 million, earnings from continuing operations of $19.068 million or $0.42 per diluted share and net earnings of $18.637 million or $0.41 per diluted share for the same quarter last year. Net cash provided by operating activities was $29.043 million against $44.549 million last year. Additions to property, plant, and equipment were $8.101 million against $9.608 million last year. The company currently expects fiscal 2010 second quarter earnings per share to range from $0.33 to $0.38. The company continues to expect fiscal 2010 earnings per share to range from $1.60 to $2.00, excluding the impact of the previously mentioned deferred income tax liability adjustment.

Meredith Corp. expected to Report Q2 2010 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).