Lamar Advertising (LAMR) Declares $1.55 Quarterly Dividend; 5.3% Yield
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Lamar Advertising (NASDAQ: LAMR) declared a quarterly dividend of $1.55 per share, or $6.2 annualized.
The dividend will be payable on June 30, 2025, to stockholders of record on June 16, 2025, with an ex-dividend date of June 13, 2025.
The annual yield on the dividend is 5.3 percent.
In addition, as previously announced, the Company has completed $150 million in stock repurchases under its existing stock repurchase program, and had $100 million available to be repurchased in the future under the program. Today, the Company announces that its board of directors has approved an increase to the stock repurchase program in the amount of $150 million, bringing the total amount remaining that is available to be repurchased under the program to $250 million.
For a dividend history and other dividend-related data on Lamar Advertising (LAMR) click here.
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