Lamar Advertising stock dividend – Lamar Advertising Co. Announces 1.25 Cash Dividend

Dividends Yield

On March 2 2023, Lamar Advertising ($NASDAQ:LAMR) Co. announced a 1.25 USD cash dividend per share. This dividend has been offered annually for the past three years, offering a steady 4.7 USD dividend per share. This gives a dividend yield of 4.77% from 2022 to 2023, with an average yield of 4.77%. If you are interested in dividend stocks, LAMAR ADVERTISING is worth considering, given this consistent and reliable dividend offering. The ex-dividend date for this dividend is March 16 2023.

Therefore, investors who want to collect the cash dividend should make sure to buy the stock before this date. Overall, Lamar Advertising Co. offers a steady and reliable annual dividend, making them a great asset to consider for those looking for dividend stocks. With an impressive yield of 4.77%, investors can rest assured that their investment will provide them with a solid return.

Price History

This news caused the company’s stock price to jump 1.5%, as it opened at $104.2 and closed at $106.0, up from its last closing price of 104.4. This dividend is indicative of the company’s confidence in its financial and operational performance, as well as its commitment to rewarding investors. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Lamar Advertising. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Lamar Advertising. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Lamar Advertising. More…

Key Ratios Snapshot

Some of the financial key ratios for Lamar Advertising are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of the fundamentals of LAMAR ADVERTISING. Our results determine that in terms of financial and business aspects, LAMAR ADVERTISING is a low risk investment. We detected one risk warning in the balance sheet, but to learn more about this particular warning, you need to register with us. With this service, you can get valuable insights into the financial health and performance of the company. So, don’t wait any longer and become a member of GoodWhale today! More…

Peers

In the world of advertising, Lamar Advertising Co and its competitors are constantly vying for the top spot. Outfront Media Inc, Derwent London PLC, Great Portland Estates PLC are all major players in the industry, and each company has its own unique strengths and weaknesses. Lamar Advertising Co has been able to stay ahead of the competition by constantly innovating and adapting to the ever-changing landscape of the advertising world.

– Outfront Media Inc ($NYSE:OUT)

Outfront Media Inc is a publicly traded company that owns and operates billboard advertising space in the United States and Canada. The company was founded in 2006 and is headquartered in New York City. As of December 31, 2020, Outfront Media owned and operated approximately 148,000 billboard advertising displays.

– Derwent London PLC ($LSE:DLN)

As of 2022, Derwent London PLC has a market cap of 2.2B. The company focuses on the regeneration of areas within Central London.

– Great Portland Estates PLC ($LSE:GPE)

As of 2022, Great Portland Estates PLC has a market cap of 1.16B. The company is a real estate investment trust that focuses on properties in and around London.

Summary

Investing in Lamar Advertising has been an attractive option for dividend investors over the past three years, with an average dividend yield of 4.77%. This yield is consistent and provides investors with a steady return with relatively low risk. The company’s strong dividend track record and potential for growth makes it an appealing option for investors looking to diversify their portfolio. With the current market conditions, now may be a good time to invest in Lamar Advertising and reap the benefits of a dependable dividend yield.