Lamar Advertising dividend yield – Lamar Advertising Co Declares 1.25 Cash Dividend
March 20, 2023
Dividends Yield
On March 1 2023, Lamar Advertising ($BER:6LA) Co (LAMAR ADVERTISING) declared a 1.25 cash dividend per share. The company has been offering an annual dividend per share of 4.7 USD for the past three years, with dividend yields from 2020 to 2022 of 4.9%. This presents an average dividend yield of 4.9% for investors. If you are interested in investing in dividend stocks, LAMAR ADVERTISING may be a viable option. The ex-dividend date is March 16 2023, meaning that any investors interested in the dividend should purchase the stock prior to this date.
After the ex-dividend date, investors who hold the stock will receive the dividend on March 31 2023. Overall, LAMAR ADVERTISING is an attractive option for investors looking for a reliable dividend stock. With its consistent history of dividend yields and the upcoming dividend per share of 1.25, now may be a great time to invest in LAMAR ADVERTISING.
Market Price
This announcement was well received as the stock opened at €98.5 and closed at €98.5, up by 1.0% from its prior closing price of 97.5. The company is committed to rewarding its shareholders with regular dividends and is constantly striving to increase dividends and return to its investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lamar Advertising. More…
| Total Revenues | Net Income | Net Margin |
| 2.03k | 438.28 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lamar Advertising. More…
| Operations | Investing | Financing |
| 781.61 | -619.07 | -209.32 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lamar Advertising. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.48k | 5.28k | 12.96 |
Key Ratios Snapshot
Some of the financial key ratios for Lamar Advertising are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 27.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Lamar Advertising Stock Intrinsic Value
At GoodWhale, we conducted an analysis of LAMAR ADVERTISING‘s fundamentals, and according to our proprietary Valuation Line, the fair value of their share is around €87.2. However, the current price of LAMAR ADVERTISING’s stock is €98.5, which is overvalued by 12.9%. Therefore, investors should consider carefully before deciding if they want to acquire a position in this company. More…
Summary
Investing in LAMAR ADVERTISING could be a sound decision, as the company has consistently provided an annual dividend per share of 4.7 USD in the last three years, resulting in a dividend yield of 4.9%. This makes it an attractive option for dividend investors, as they can enjoy a steady and relatively high income from their investments. Furthermore, the stability of LAMAR ADVERTISING’s dividend payments may provide some assurance against market volatility.
