Lamar Advertising Company Announces Cash Dividend on Common Stock
Lamar Advertising Company (Nasdaq: LAMR) has announced its board of directors has declared a quarterly cash dividend of $1.55 per share, payable on March 28, 2025, to stockholders of record of both Class A and Class B common stock as of March 14, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Lamar Advertising Company (Nasdaq: LAMR) has announced its board of directors has declared a quarterly cash dividend of $1.55 per share, payable on March 28, 2025, to stockholders of record of both Class A and Class B common stock as of March 14, 2025.
The company, which is a leading owner and operator of outdoor advertising and logo sign displays, expects total aggregate quarterly distributions to stockholders in 2025 to be at least $6.20 per common share, subject to board approval. This projection includes the March 28, 2025 dividend payment.
Positive
- Quarterly dividend of $1.55 per share maintained
- Projected minimum annual dividend of $6.20 per share for 2025
- Consistent dividend payments indicating financial stability
Negative
- None.
Details
News Market Reaction – LAMR
The recorded move for LAMR in the trading session of this news was -7.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BATON ROUGE, La., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of
Forward-Looking Statements
This press release contains “forward-looking statements” concerning Lamar Advertising Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in our forward-looking statements as a result of various factors, including those factors set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, as supplemented by any risk factors contained in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K and as updated in our Annual Form 10-K for the year ended December 31, 2024 when filed. We undertake no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 4,800 displays.
Company Contact:
Buster Kantrow
Director of Investor Relations
Lamar Advertising Company
(225) 926-1000
bkantrow@lamar.com
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