Lamar Advertising's latest quarterly cash dividend of $1.3 per share was issued to shareholders on record before Mar 14, 2024. The dividend distribution stands at $5.05 per share annually, which comes to a dividend yield of 4.48%. The latest LAMR dividend of $1.3 is an increase from the previous $1.25 payout, representing a growth of 4%.
LAMR has a dividend yield of 4.48% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.43%, Lamar Advertising's dividend yield is 30% lower. The historical 5-year average of LAMR's dividend yield is 4.3%, which is in line with the current one.
Lamar Advertising has a dividend history dating as far as 2007, but consistently the company has been paying dividends for the last ten consecutive years. Our records show that LAMR has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.1% since twelve months ago. However with the price of the stock up by 9% from a year ago, the dividend yield has a decrease of 4.2%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Mar 28, 2024 | Feb 22, 2024 | $1.3 | normal |
| Dec 15, 2023 | Dec 29, 2023 | Nov 29, 2023 | $1.25 | normal |
| Sep 15, 2023 | Sep 29, 2023 | Aug 29, 2023 | $1.25 | normal |
| Jun 15, 2023 | Jun 30, 2023 | May 10, 2023 | $1.25 | normal |
| Mar 16, 2023 | Mar 31, 2023 | Feb 23, 2023 | $1.25 | normal |
| Dec 16, 2022 | Dec 30, 2022 | Dec 8, 2022 | $0.3 | special |
| Dec 16, 2022 | Dec 30, 2022 | Dec 8, 2022 | $1.2 | normal |
| Sep 16, 2022 | Sep 30, 2022 | Sep 6, 2022 | $1.2 | normal |
| Jun 16, 2022 | Jun 30, 2022 | May 19, 2022 | $1.2 | normal |
| Mar 18, 2022 | Mar 31, 2022 | Feb 24, 2022 | $1.1 | normal |
| Dec 17, 2021 | Dec 30, 2021 | Dec 9, 2021 | $0.5 | special |
| Dec 17, 2021 | Dec 30, 2021 | Dec 9, 2021 | $1 | normal |
| Sep 17, 2021 | Sep 30, 2021 | Sep 7, 2021 | $1 | normal |
| Jun 18, 2021 | Jun 30, 2021 | May 20, 2021 | $0.75 | normal |
| Mar 19, 2021 | Mar 31, 2021 | Feb 25, 2021 | $0.75 | normal |
| Dec 18, 2020 | Dec 30, 2020 | Dec 1, 2020 | $0.5 | normal |
| Sep 18, 2020 | Sep 30, 2020 | Sep 1, 2020 | $0.5 | normal |
| Jun 19, 2020 | Jun 30, 2020 | May 28, 2020 | $0.5 | normal |
| Mar 13, 2020 | Mar 31, 2020 | Feb 27, 2020 | $1 | normal |
| Dec 13, 2019 | Dec 30, 2019 | Dec 2, 2019 | $0.96 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Aug 22, 2019 | $0.96 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 30, 2019 | $0.96 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 28, 2019 | $0.96 | normal |
| Dec 14, 2018 | Dec 28, 2018 | Nov 30, 2018 | $0.92 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 22, 2018 | $0.91 | normal |
| Jun 14, 2018 | Jun 29, 2018 | May 17, 2018 | $0.91 | normal |
| Mar 16, 2018 | Mar 29, 2018 | Feb 22, 2018 | $0.91 | normal |
| Dec 15, 2017 | Jan 2, 2018 | Nov 28, 2017 | $0.83 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 29, 2017 | $0.83 | normal |
| Jun 13, 2017 | Jun 30, 2017 | May 25, 2017 | $0.83 | normal |
| Mar 13, 2017 | Mar 31, 2017 | Feb 23, 2017 | $0.83 | normal |
| Dec 15, 2016 | Dec 30, 2016 | Dec 8, 2016 | $0.76 | normal |
| Sep 14, 2016 | Sep 30, 2016 | Aug 29, 2016 | $0.76 | normal |
| Jun 14, 2016 | Jun 30, 2016 | May 26, 2016 | $0.75 | normal |
| Mar 14, 2016 | Mar 31, 2016 | Feb 25, 2016 | $0.75 | normal |
LAMR has a payout ratio of 103.9% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.5%, Lamar Advertising's payout ratio is 24% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LAMR Lamar Advertising Co | 4.48% | $5.05 | 103.9% |
| IPG Interpublic Group Of Companies Inc | 4.04% | $1.26 | 44.5% |
| OMC Omnicom Group Inc | 2.9% | $2.8 | 37.5% |
| NCMI National CineMedia Inc | N/A | N/A | N/A |
Yes, Lamar Advertising has paid four dividends in the last twelve months. LAMR has been paying dividends since 2014.
LAMR hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Lamar Advertising's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $1.3 per share.
On an annual basis LAMR pays $5.05 per share.
The current dividend yield of Lamar Advertising is 4.48%.
Lamar Advertising has a quarterly dividend frequency.
Lamar Advertising's dividend payout ratio is 103.9%.
Lamar Advertising's dividend yield is lower than the Real Estate sector average.