Lamar Advertising Company (LAMR) to Issue Quarterly Dividend of $1.65 on September 30th

Lamar Advertising Company (NASDAQ:LAMR) declared a quarterly dividend on Tuesday, September 1st. Investors of record on Monday, September 21st will be given a dividend of 1.65 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Monday, September 21st. This is a 3.1% increase from Lamar Advertising’s previous quarterly dividend of $1.60.

Lamar Advertising has raised its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Lamar Advertising has a payout ratio of 117.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Lamar Advertising to earn $9.03 per share next year, which means the company should continue to be able to cover its $6.40 annual dividend with an expected future payout ratio of 70.9%.

Lamar Advertising Price Performance

Shares of Lamar Advertising stock opened at $151.50 on Thursday. Lamar Advertising has a 52 week low of $114.45 and a 52 week high of $166.33. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.29. The stock has a market cap of $15.38 billion, a PE ratio of 27.65 and a beta of 1.17. The company’s 50-day moving average price is $156.65 and its two-hundred day moving average price is $145.74.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share for the quarter, meeting the consensus estimate of $1.58. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. The company had revenue of $616.75 million during the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. As a group, sell-side analysts anticipate that Lamar Advertising will post 8.43 EPS for the current fiscal year.

Lamar Advertising Company Profile

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.