BATON ROUGE, La., Feb. 24, 2022 (GLOBE NEWSWIRE) — 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.

Insiders’ take: Since the pandemic created the lockdown in March 2020, Lamar has continued to improve their performance and has stressed getting their dividend back on track.  Take a look at dividend performance since 3/20:

It’s a strong track record and the market approved, as Lamar’s stock was up 3% yesterday closing at $112.76.

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