Lamar Advertising Announces Tax Reporting Information For 2021 Distributions on Common Stock

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Lamar Advertising Company (NASDAQ: LAMR) released year-end federal income tax reporting details for its 2021 distributions on Class A and Class B common stock. The information, presented on a per share basis, is intended to assist stockholders in understanding the tax implications of their earnings. Key distribution dates include March 31, June 30, September 30, and December 30, 2021, with varying amounts classified as ordinary and qualified dividends. Stockholders are advised to consult tax professionals regarding their specific tax situations.

BATON ROUGE, La., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2021 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, 2021. Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of Lamar’s 2021 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)
3/22/2021	3/31/2021	$0.7500		$0.7500		$0.0369		$0.7131		$0.0000
6/21/2021	6/30/2021	$0.7500		$0.7500		$0.0369		$0.7131		$0.0000
9/20/2021	9/30/2021	$1.0000		$1.0000		$0.0492		$0.9508		$0.0000
12/20/2021	12/30/2021	$1.0000		$1.0000		$0.9508		$0.0492		$0.0000
**12/20/2021	**12/30/2021	$0.5000		$0.5000		$0.4754		$0.0246		$0.0000
*Qualified taxable dividend and Sec. 199A dividend amounts included in ordinary taxable dividend amount.
**Special dividend

About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with more than 352,000 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 3,800 displays.

Company Contact:

Buster Kantrow
Lamar Advertising Company
(225) 926-1000
bkantrow@lamar.com

FAQ

What are the 2021 tax reporting details for Lamar Advertising Company (LAMR)?

Lamar Advertising Company announced its year-end federal income tax reporting details for 2021 distributions on its common stock, providing per share classification of dividends for tax purposes.

When were the distribution payments made for Lamar Advertising Company in 2021?

Distribution payments for Lamar Advertising Company in 2021 occurred on March 31, June 30, September 30, and December 30.

How can shareholders interpret the dividends from Lamar Advertising Company's 2021 distributions?

Shareholders can interpret the dividends from Lamar's 2021 distributions as containing ordinary and qualified dividend categories, which may have different tax implications.

Should Lamar Advertising Company shareholders consult tax advisors regarding their distributions?

Yes, Lamar Advertising Company encourages shareholders to consult with their tax advisors to understand the specific tax treatment of their distributions.