DIVIDEND ANNOUNCEMENT: Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) on 05/10/2023 declared a dividend of $1.2500 per share

Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) on 05/10/2023 declared a dividend of $ 1.2500 per share payable on June 30, 2023 to shareholders of record as of June 19, 2023.

Cl A/Lamar Advertising Co (New) (NASDAQ:LAMR) has paid dividends since 2007, has a current dividend yield of 5.2764878273% and has increased its dividends for 2 successive years.

Cl A/Lamar Advertising Co (New)'s market cap is $ 8,290,268,120 and has a PE ratio of 21.99. The stock price closed yesterday at $ 94.76 and has a 52 week low/high of $ 81.10 and $ 111.49.

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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