Lamar Advertising Company Announces Cash Dividends on Common Stock
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Lamar Advertising Company has declared a quarterly cash dividend of $1.40 per share and a special cash dividend of $0.25 per share, payable on December 30, 2024, to stockholders of record on December 18, 2024.
December 06, 2024 | 9:30 pm
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Lamar Advertising Company declared a quarterly dividend of $1.40 per share and a special dividend of $0.25 per share, indicating strong financial health and potential attractiveness to income-focused investors.
The announcement of both a quarterly and a special dividend suggests that Lamar Advertising is in a strong financial position, which is likely to attract income-focused investors and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100