Advertising company Lamar Anno – GuruFocus.com
BATON ROUGE, La., May 19, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (LAMR), a leading owner and operator of outdoor advertising and logo displays, announces that its Board of Directors has declared a dividend quarterly cash payment of $1.20 per share payable June 30, 2022 to shareholders of record of Lamar’s Class A and Class B common stock on June 20, 2022. Subject to the approval of its Board of Directors, Lamar will expects aggregate quarterly distributions to shareholders in 2022, including the $1.10 per share dividend paid on March 31, 2022 will total $4.70 per common share.
This press release contains “forward-looking statements” regarding Lamar Advertising Company’s goals, beliefs, expectations, strategies, objectives, plans, future results of operations and underlying assumptions and other statements that are not necessarily based on fact. historical. Actual results may differ materially from those indicated in our forward-looking statements due to a variety of factors, including the factors set forth in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, completed by all the risk factors contained in our quarterly reports on Form 10-Q and our current reports on Form 8-K. We undertake no obligation to update the information contained in this press release to reflect subsequent events or circumstances.
About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with more than 356,000 displays across the United States and Canada. Lamar offers advertisers a variety of advertising formats from billboards, interstate logos, transit and airports, helping local businesses and national brands reach large audiences every day. In addition to its more traditional outdoor inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 4,000 displays.
Investor Relations Director
Lamar Advertising Company
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