Lamar Advertising's Dividend Announcement and Recent Developments: Key Insights Before the Jun 16, 2025 Ex-Dividend Date

Lamar Advertising (LAMR) has recently announced a dividend of $1.550 per share, with the ex-dividend date set for Jun 16, 2025. This announcement, made on May 15, 2025, reflects a substantial increase from the average of the last ten dividends per share, which was approximately $0.959. The payment date for this dividend is scheduled for Jun 30, 2025. Notably, the last dividend issued by the company was also $1.550 per share on Mar 28, 2025. Both dividends are characterized as cash dividends.

Recently, Lamar Advertising Company has reported steady revenue growth, even as national revenue shows signs of softness and regional disparities. The company's strategic stock repurchases have been highlighted as a method to sustain shareholder value amidst these challenges. Over the past week, analysts have noted that Lamar's revenue in 2024 reached $2.21 billion, marking a 4.61% increase from the previous year's $2.11 billion. Meanwhile, earnings stood at $361.50 million, suggesting a robust financial performance despite broader market pressures.

As of late, industry experts have projected that Lamar's stock will likely increase by approximately 8.29% over the next three months. There is a high probability that the stock price will remain between $118.00 and $121.67, reflecting optimism in its market trajectory. The company's fundamentals, including its solid revenue figures and strategic initiatives, have been central to these positive forecasts.

In conclusion, Lamar Advertising is demonstrating resilience and growth amidst a challenging market landscape. Investors should note that Jun 16, 2025, is the crucial ex-dividend date; purchases made on or after this date will not qualify for the upcoming dividend.