Lamar Advertising Company Announces Cash Dividend on Common Stock

Core Viewpoint - Lamar Advertising Company has declared a quarterly cash dividend of $1.30 per share, payable on June 28, 2024, to stockholders of record on June 17, 2024, with expected total distributions for 2024 to be at least $5.20 per common share [1] Company Overview - Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, operating over 360,000 displays across the United States and Canada [3] - The company provides a variety of advertising formats, including billboards, interstate logos, transit, and airport advertising, catering to both local businesses and national brands [3] - Lamar boasts the largest network of digital billboards in the United States, with approximately 4,800 displays [3]