News & Events

News & Events

Lamar Advertising Company Announces Cash Dividend on Common Stock

Baton Rouge, LA – February 24, 2022 – 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 $1.10 per share payable on March 31, 2022 to stockholders of record of Lamar’s Class A common stock and Class B common stock on March 21, 2022.  Subject to the approval of its board of directors, Lamar expects aggregate quarterly distributions to stockholders in 2022, including the dividend payable on March 31, 2022, will total $4.40 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.  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, 2020, as supplemented by any risk factors contained in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K ‎and as updated in our Annual Form 10-K for the year ended December 31, 2021 when filed‎.  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 over 351,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport 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 approximately 3,900 displays.

Company Contact:

Buster Kantrow
Director of Investor Relations
Lamar Advertising Company
(225) 926-1000
[email protected]

Feb 22, 2022

Lamar Advertising to Expand and Build Systemwide Advertising Program with Digital Platform for Denver’s Regional Transportation District

Lamar Advertising secured a 10-year System Advertising Program contract, with additional options through 2042, with Denver’s Regional Transportation District (RTD). 

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Feb 15, 2022

Lamar Advertising Announces Correction to Press Release Concerning Tax Reporting Information For 2021 Distributions on Common Stock

Lamar Advertising Company (“Lamar”) (Nasdaq:  LAMR) today announced a correction to its press release dated January 20, 2022, related to certain year-end federal income tax reporting information for its 2021 distributions on its Class A and Class B common stock (“Common Stock”).

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