News & Events

News & Events

Lamar Advertising Company Announces Cash Dividend on Common Stock

Baton Rouge, LA – May 26, 2016 – Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $0.75 per share payable on June 30, 2016 to stockholders of record of Lamar’s Class A common stock and Class B common stock on June 16, 2016.  Lamar expects aggregate quarterly distributions to stockholders in 2016, including the dividend payable on June 30, 2016 and the $0.75 per share dividend previously paid on March 31, 2016, will total $3.02 per common share.

Forward-Looking Statements
This press release contains “forward-looking statements” concerning Lamar Advertising Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts.  These statements include, but are not limited to, statements regarding anticipated 2016 distributions.   Actual results may differ materially from those indicated in our forward-looking statements as a result of various factors, including those factors set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2015, as supplemented by any risk factors contained in our Quarterly Reports on Form 10-Q.  We undertake no obligation to update the information contained in this press release to reflect subsequently occurring 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 325,000 displays across the United States, Canada and Puerto Rico. Lamar offers advertisers a variety of billboard, interstate logo and transit 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 is proud to offer its customers the largest network of digital billboards in the United States with over 2,400 displays.

Company Contact:

Buster Kantrow
Director of Investor Relations
(225) 926-1000

May 16, 2016

Lamar Advertising to appear at the J.P. Morgan Global Technology, Media and Telecom Conference 2016

Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the J.P. Morgan Global Technology, Media & Telecom Conference in Boston, MA

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May 9, 2016

'Welcome to Heroin' Wins 2016 CCHS Art Department Billboard Design Contest

For the second consecutive year, students dedicated their annual billboard design contest to an anti-heroin use campaign following the overdose death of 2010 graduate Laree Farrell and the growing use of heroin among teens today. This is the fifth straight year Lamar Advertising has sponsored the CCHS billboard contest. The contest challenges high school students each spring to produce a billboard with an important social message that will connect with peers their age.

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