Lamar Advertising Company announced on February 19, 2025, that its board of directors declared a quarterly cash dividend of $1.55 per share. This dividend is payable on March 28, 2025, to stockholders of record as of March 14, 2025.
This declaration represents an increase from the previous quarterly dividend of $1.40 per share. The company expects aggregate quarterly distributions to stockholders in 2025 to total at least $6.20 per common share.
The increase in the quarterly dividend demonstrates Lamar Advertising's commitment to providing consistent returns to its shareholders. This move reflects management's confidence in the company's ongoing financial performance and cash flow generation.
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