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Lamar Advertising Company Announces Cash Dividend on Common Stock

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Lamar Advertising Company (Nasdaq: LAMR), a leading outdoor advertising and logo sign display operator, has announced a quarterly cash dividend of $1.40 per share. The dividend will be payable on September 30, 2024, to stockholders of record of Lamar's Class A and Class B common stock as of September 18, 2024. The company anticipates that the total distributions for 2024 will amount to at least $5.40 per common share, subject to board approval. This announcement demonstrates Lamar's commitment to providing consistent returns to its shareholders.

Lamar Advertising Company (Nasdaq: LAMR), un operatore leader nella pubblicità esterna e nella visualizzazione di insegne, ha annunciato un dividendo in contante trimestrale di $1.40 per azione. Il dividendo sarà pagabile il 30 settembre 2024, agli azionisti registrati delle azioni ordinarie di Classe A e Classe B di Lamar, a partire dal 18 settembre 2024. L'azienda prevede che le distribuzioni totali per il 2024 ammontino ad almeno $5.40 per azione ordinaria, soggetto all'approvazione del consiglio. Questo annuncio dimostra l'impegno di Lamar a fornire rendimenti costanti ai propri azionisti.

Lamar Advertising Company (Nasdaq: LAMR), un operador líder en publicidad exterior y exhibición de letreros, ha anunciado un dividendo en efectivo trimestral de $1.40 por acción. El dividendo será pagadero el 30 de septiembre de 2024, a los accionistas registrados de las acciones ordinarias de Clase A y Clase B de Lamar a partir del 18 de septiembre de 2024. La empresa anticipa que las distribuciones totales para 2024 ascenderán a al menos $5.40 por acción ordinaria, sujeto a la aprobación de la junta. Este anuncio demuestra el compromiso de Lamar de proporcionar rendimientos consistentes a sus accionistas.

라마 광고 회사 (Nasdaq: LAMR), 주요 옥외 광고 및 간판 표시 운영업체, 가 분기별 현금 배당금으로 주당 $1.40을 발표했습니다. 배당금은 2024년 9월 30일에 지급되며, 2024년 9월 18일 기준으로 라마의 A급 및 B급 보통주 주주에게 지급됩니다. 이 회사는 2024년 총 배당금보통주 당 최소 $5.40에 이를 것이라고 예상하고 있으며, 이는 이사회 승인을 조건으로 합니다. 이 발표는 라마가 주주들에게 일관된 수익을 제공하겠다는 의지를 보여줍니다.

Lamar Advertising Company (Nasdaq: LAMR), un opérateur leader dans la publicité extérieure et l'affichage de panneaux, a annoncé un dividende trimestriel en espèces de 1,40 $ par action. Le dividende sera payable le 30 septembre 2024, aux actionnaires inscrits des actions ordinaires de Classe A et Classe B de Lamar à partir du 18 septembre 2024. L'entreprise prévoit que les distributions totales pour 2024 s'élèveront à au moins 5,40 $ par action ordinaire, sous réserve de l'approbation du conseil. Cette annonce démontre l'engagement de Lamar à fournir des rendements cohérents à ses actionnaires.

Lamar Advertising Company (Nasdaq: LAMR), ein führender Anbieter von Außenwerbung und Schildanzeigen, hat eine vierteljährliche Bardividende von $1.40 pro Aktie angekündigt. Die Dividende wird am 30. September 2024 an die Aktionäre der Klasse A und Klasse B ordinärer Aktien von Lamar ausgezahlt, die am 18. September 2024 im Aktienregister stehen. Das Unternehmen erwartet, dass die Gesamtverteilungen für 2024 mindestens $5.40 pro Stammaktie betragen werden, vorbehaltlich der Zustimmung des Vorstands. Diese Ankündigung zeigt, dass Lamar sich verpflichtet, seinen Aktionären konstante Renditen zu bieten.

Positive
  • Declared quarterly cash dividend of $1.40 per share
  • Expected total distributions for 2024 to be at least $5.40 per common share
  • Consistent dividend payments indicate financial stability
Negative
  • None.

BATON ROUGE, La., Aug. 27, 2024 (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 $1.40 per share payable on September 30, 2024 to stockholders of record of Lamar’s Class A common stock and Class B common stock on September 18, 2024. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2024, including the dividend payable on September 30, 2024, will be at least $5.40 per common share.

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. 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


FAQ

What is the amount of Lamar Advertising Company's (LAMR) latest quarterly dividend?

Lamar Advertising Company (LAMR) has declared a quarterly cash dividend of $1.40 per share.

When will Lamar Advertising Company (LAMR) pay its next dividend?

Lamar Advertising Company (LAMR) will pay its next dividend on September 30, 2024.

What is the record date for Lamar Advertising Company's (LAMR) upcoming dividend?

The record date for Lamar Advertising Company's (LAMR) upcoming dividend is September 18, 2024.

How much does Lamar Advertising Company (LAMR) expect to distribute in dividends for 2024?

Lamar Advertising Company (LAMR) expects to distribute at least $5.40 per common share in aggregate quarterly dividends for 2024, subject to board approval.

Lamar Advertising Co

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