Lamar Advertising Announces 8% Dividend Increase to $1.40 per Share

Wednesday, 28 August 2024, 04:02

Lamar Advertising (LAMR) has announced an 8% increase in its quarterly dividend to $1.40 per share. This raises the forward yield to 4.56%, payable on September 30. The prior dividend was $1.30 per share.
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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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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