Lamar Advertising Announces Special Dividend

Dow Jones2024-12-07

By Sarina Isaacs

Lamar Advertising Company declared a special dividend.

The Baton Rouge, La.-based advertising company on Friday said its board approved a special payout of 25 cents per share. Its quarterly dividend remains at $1.40 per share.

Both dividends are payable on Dec. 30 to holders of record of Class A and Class B common stock on Dec. 18.

The company's last quarterly dividend raise came in August, when it lifted the payout by 7.7%.

Write to Sarina Isaacs at sarina.isaacs@wsj.com

(END) Dow Jones Newswires

December 06, 2024 16:52 ET (21:52 GMT)

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