Lamar Advertising (LAMR) Declares $1.25 Quarterly Dividend; 4.8% Yield
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Lamar Advertising Company Announces Cash Dividend on Common Stock & Extension of Stock and Debt Repurchase Programs
February 23, 2023 4:00 PM ESTBATON ROUGE, La., Feb. 23, 2023 (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 $1.25 per share payable on March 31, 2023 to stockholders of record of Lamars Class A common stock and Class B common stock on March 17, 2023. Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2023, including the dividend payable on March 31, 2023, will total $5.00 per common share.
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