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MEREDITH CORPORATION DECLARES DIVIDEND

 DES MOINES, Iowa, May 12 /PRNewswire/ -- The Meredith Corporation (NYSE: MDP) board of directors today declared a quarterly dividend of 16 cents per share, payable June 15, 1993, to stockholders of record May 28, 1993.
 Meredith Corporation, headquartered in Des Moines, is a Fortune 500 diversified media company involved in magazine and book publishing, television broadcasting, residential real estate marketing and franchising, and investments in cable television.
 -0- 5/12/93
 /CONTACT: Craig Maltby of Meredith Corporation, 515-284-2219/
 (MDP)


CO: Meredith Corporation ST: Iowa IN: PUB SU: DIV

DB -- MN007 -- 7590 05/12/93 12:46 EDT
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Publication:PR Newswire
Date:May 12, 1993
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