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. 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.
- Reported distributions provide clarity for stockholders regarding tax implications.
- Distributions include both ordinary and qualified dividends, which may offer favorable tax treatment.
- None.
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 | |||||||||||
| Ordinary | Qualified | ||||||||||
| Cash | Taxable | Taxable | Sec. 199A | Return of | |||||||
| Distribution | Dividend | Dividend | Dividend | Capital | |||||||
| Record Date | Payable Date | (per share) | (per share) | (per share)* | (per share)* | (per share) | |||||
| 3/16/2020 | 3/31/2020 | ||||||||||
| 6/22/2020 | 6/30/2020 | ||||||||||
| 9/21/2020 | 9/30/2020 |
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FAQ
What were Lamar Advertising's (LAMR) 2020 distributions?
Lamar Advertising reported various distributions for 2020, including ordinary and qualified dividends for stockholders.
How should I report Lamar Advertising's (LAMR) distributions on my taxes?
Stockholders should consult their tax advisors for guidance on reporting Lamar's 2020 distributions.
What is the ticker symbol for Lamar Advertising?
The ticker symbol for Lamar Advertising is LAMR.
Lamar Advertising Co
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LAMR Stock Data
13.23B
87.20M
0.84%
93.95%
2.52%
REIT - Specialty
Real Estate Investment Trusts
United States of America
BATON ROUGE
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