STOCK TITAN
  1. Home
  2. News
  3. LAMR
  4. Lamar Advertising Announces Tax Reporting Information For 2020 Distributions on Common Stock

Lamar Advertising Announces Tax Reporting Information For 2020 Distributions on Common Stock

Lamar Advertising Company (NASDAQ: LAMR) released its year-end federal income tax reporting for its 2020 distributions on Class A and Class B common stock.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Rhea-AI Summary

Lamar Advertising Company (NASDAQ: LAMR) released its year-end federal income tax reporting for its 2020 distributions on Class A and Class B common stock. Stockholders are advised to consult tax advisors regarding the specific treatment of these distributions. The report details various distributions per share, including ordinary and qualified dividends, highlighting the importance of these figures for tax purposes.

Loading translation...

Positive

  • Reported distributions provide clarity for stockholders regarding tax implications.
  • Distributions include both ordinary and qualified dividends, which may offer favorable tax treatment.

Negative

  • None.
Argus Publication session
+1.29% session move Open Argus
Details

News Market Reaction – LAMR

In the trading session that priced this news, LAMR gained 1.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

BATON ROUGE, La., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2020 distributions on its Class A and Class B common stock (“Common Stock”).

The following tables summarize, for federal income tax purposes, the nature of distributions paid to holders of Lamar Common Stock, presented on a per share basis, during the calendar year ended December 31, 2020. Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of Lamar’s 2020 distributions.

Lamar Advertising Company Common Stock   
Ticker Symbol: LAMR     
       
   OrdinaryQualified  
  CashTaxableTaxableSec. 199AReturn of
  DistributionDividendDividendDividendCapital
Record DatePayable Date(per share)(per share)(per share)*(per share)*(per share)
3/16/20203/31/2020$1.0000$0.8791$0.0445$0.8346$0.1209
6/22/20206/30/2020$0.5000$0.4395$0.0222$0.4173$0.0605
9/21/20209/30/2020$0.5000$0.4395