Of the publicly traded OOH companies, both Lamar Advertising and OUTFRONT Media are REIT’s (Real Estate Investment Trusts). Along with their recent release of earnings, both declared a quarterly dividend with payments coming at the end of March.
Curious about their dividend history? Here is a 10 year charting for each of the companies:
Some additional dividend information per MarketBeat:
- Lamar currently pays an annual dividend of $6.20 per share, with a dividend yield of 4.94%. Lamar currently pays out 175.64% of its earnings and 75.03% of its cash flow as dividends.
- OUTFRONT currently pays an annual dividend of $0.92 per share, with a dividend yield of 5.02%. OUTFRONT currently pays out 65.71% of its earnings as dividends. OUTFRONT will be paying a special one time dividend later this year relating to the sale of the Canadian business.
As REIT’s, both companies are required each year to pay 90% of their earnings as dividends.
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