Lamar Advertising declared a quarterly dividend of $1.20 per Class A and Class B share payable on September 30, 2022.  Works out of a 5.2% yield on the company’s current stock price of $92.98.  Here’s Lamar’s quarterly dividend for the past year.  The yield is the annualized dividend divided by the company’s stock price at quarter end.

OUTFRONT is paying a $0.30 dividend on September 30, 2022 which equates to a 6.9% yield on a stock price of $18.46.  Here’s OUTRONT’s quarterly dividend for the past year.  The yield is the annualized dividend divided by the company’s stock price at quarter end.

Clear Channel Outdoor doesn’t pay a dividend.

Billboard Insider’s Take:  Out of home dividend yields of 5-7% look pretty good versus an average dividend yield of 1.7% for the S&P 500.  Don’t expect a dividend from Clear Channel Outdoor until debt drops significantly.

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