Lamar Advertising Company (LAMR) to Issue Quarterly Dividend of $1.60 on March 31st

Lamar Advertising Company (NASDAQ:LAMR) declared a quarterly dividend on Thursday, February 26th. Investors of record on Monday, March 16th will be given a dividend of 1.60 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Monday, March 16th. This is a 3.2% increase from Lamar Advertising’s previous quarterly dividend of $1.55.

Lamar Advertising has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 5 years. Lamar Advertising has a dividend payout ratio of 117.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Lamar Advertising to earn $8.43 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 75.9%.

Lamar Advertising Stock Up 0.2%

Shares of NASDAQ LAMR opened at $134.14 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10. The firm has a market cap of $13.59 billion, a PE ratio of 23.25 and a beta of 1.21. The company’s fifty day simple moving average is $132.01 and its 200 day simple moving average is $127.70. Lamar Advertising has a 12-month low of $99.84 and a 12-month high of $139.76.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The company had revenue of $595.93 million during the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, sell-side analysts forecast that Lamar Advertising will post 7.92 earnings per share for the current fiscal year.

About Lamar Advertising

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.