Lamar Advertising Announces 8% Dividend Increase to $1.40 per Share
Lamar Advertising Dividend Announcement
Lamar Advertising (LAMR) has made headlines with its recent announcement of an 8% increase in the quarterly dividend, raising it to $1.40 per share. Investors will benefit from this new forward yield of 4.56%, with payments scheduled for September 30. The previous dividend was $1.30 per share, making this a significant move in terms of shareholder returns.
Impact on Shareholders
This decision by Lamar Advertising highlights the company's commitment to enhancing shareholder value. Investors can expect this increased payout to positively influence their investment strategy.
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