DIVIDEND ANNOUNCEMENT: Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) on 12/08/2022 declared a dividend of $1.5000 per share

Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) on 12/08/2022 declared a dividend of $ 1.5000 per share payable on December 30, 2022 to shareholders of record as of December 19, 2022. Dividend amount recorded is an increase of $ 0.3 from last dividend Paid.

Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) has paid dividends since 2007, has a current dividend yield of 5.1369862556% and has increased its dividends for 1 successive years.

Cl A/Lamar Advertising Co (New)'s market cap is $ 8,153,854,720 and has a PE ratio of 19.11. The stock price closed yesterday at $ 93.44 and has a 52 week low/high of $ 81.10 and $ 124.32.

Lamar Advertising is a real estate investment trust. Co. is also an outdoor advertising company. Co. operates in a single operating and reporting segment, advertising. Co. leases space for advertising on billboards, buses, shelters, benches, logo plates and in airport terminals. Co. operates three types of outdoor advertising displays: billboards, which leases majority of its advertising space on two types of billboard advertising displays, bulletins and posters; logo signs, which provides logo sign services in the U.S.; and transit advertising displays, which rents transit advertising displays in airport terminals and on bus shelters, benches and buses.

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