Lamar Advertising As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
LAMR $4.00 100.0% -47.9% 4.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Advertising REIT 3.5% 1 5.6% Quarter 2014
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Lamar Advertising hikes dividend by 33.3%

Lamar Advertising (LAMR) will raise its quarterly dividend by 33.3 percent to $1.00 per share. This is the second dividend hike by the outdoor advertising company in 2021. Last year the dividend was cut from $1.00 to $0.50 per share.

The next dividend is payable on September 30, 2021 to stockholders of record on September 20, 2021. A new $4.00 per share annual dividend rate yields 3.5% at a stock price of $114. Lamar Advertising had previously hiked its dividend 5 consecutive years.

Founded in 1902, Lamar Advertising is one of the largest outdoor advertising companies in North America, with displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar offers its customers the largest network of digital billboards in the United States. Lamar's advertising tenant categories include restaurants; service; healthcare; retailer; amusement-entertainment/sports; automotive; gaming; education; financial-banks, credit unions; telecommunications, and real estate.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 XRAY 0.7% 10.0%
Sep 23 SRE 3.4% 5.3%
Sep 23 FLS 2.3% 0.0%
Sep 23 MDT 2.0% 8.6%
Sep 23 RL 2.5% 0.0%
Sep 23 IFF 2.4% 2.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 AMT 1.8% 5.0%