As of today (2024-04-25), the Trailing Annual Dividend Yield of Lamar Advertising Co is 4.46%.
Warning Sign:
Lamar Advertising Co stock dividend yield is close to 1-year low.
The historical rank and industry rank for Lamar Advertising Co's Dividend Yield % or its related term are showing as below:
LAMR'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.56 Med: 4.59 Max: 10.19
Current: 4.46
During the past 13 years, the highest Dividend Yield of Lamar Advertising Co was 10.19%. The lowest was 1.56%. And the median was 4.59%.
LAMR's Dividend Yield % is ranked worse than 78.59% of 836
companies
in the REITs industry
Industry Median: 7.08
vs LAMR: 4.46
Lamar Advertising Co's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.86.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Lamar Advertising Co is 1.04, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Lamar Advertising Co was 1.13. The lowest was 0.87. And the median was 1.04.
Lamar Advertising Co's Dividends per Share for the
three
months ended in Dec. 2023 was $1.25.
During the past 12 months, Lamar Advertising Co's average Dividends Per Share Growth Rate was 6.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lamar Advertising Co was 26.00% per year. The lowest was -9.00% per year. And the median was 8.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Lamar Advertising Co Dividend Yield % Historical Data
The historical data trend for Lamar Advertising Co's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Lamar Advertising Co's Dividend Yield %
For the REIT - Specialty subindustry, Lamar Advertising Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lamar Advertising Co's Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Lamar Advertising Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's Dividend Yield % falls into.
Lamar Advertising Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Lamar Advertising Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.300
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-12-15
2023-12-18
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-09-15
2023-09-18
2023-09-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-06-15
2023-06-19
2023-06-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Lamar Advertising Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
5.05
/
112.95
=
4.47 %
Current Share Price is $112.95.
Lamar Advertising Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.05.
Lamar Advertising Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
5.2
/
112.95
=
4.60 %
Current Share Price is $112.95.
Lamar Advertising Co's Dividends per Share for the forward twelve months is calculated as $1.3 * 4 = $5.2.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lamar Advertising Co (NAS:LAMR) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Lamar Advertising Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Lamar Advertising Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lamar Advertising Co (Lamar Advertising Co) Business Description
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
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