Lamar Advertising Co

NAS : LAMR

USA·Real Estate·REITs·Class A

$150.10

+0.40 (+0.26%)Oct 16 close

Market Cap

$15.21B

Enterprise Value

$20.13B

P/E (TTM)

27.39

P/B

15.52

Net Cash / (Debt)

−$4.91B

52-Week Range

$116 — $164

5-Year Range

$79 — $164

Avg Volume (3M)

641.42K

ListingsNAS MEX STU

Dividend Yield (TTM)

3.16%

vs 5Y avg 4.41% · 10Y avg 4.40%

Dividend Yield (Forward)

4.26%

4 payments/yr (spacing)

Dividends / Share (TTM)

$4.75

Forward (annualized): $6.40 · incl. specials: $5.00

Payout Ratio (EPS, TTM)

115.0%

Payout Ratio (FCF, TTM)

89.0%

Dividend CAGR (3Y / 5Y / 10Y)

3Y9.7%5Y19.9%10Y8.5%

Consecutive Growth Years

as of 2025

Years Without a Cut

as of 2025

Total Shareholder Yield (TTM)

4.12%

Div 4.22% + Net buyback -0.10%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)

4.1%

Dividends 4.2% + Net buybacks −0.1%

Net Buyback (TTM)

−$16M

Gross $6M − Issuance $22M

SBC (TTM)

$42M

Share-based compensation, dilution driver

Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (14.8% latest vs 16.2% 3-yr avg).

Year	DPS (regular sum, USD)	Change	Hikes
2025	6.20	+14.8%	1
2024	5.40	+8.0%	2
2023	5.00	+6.4%	1
2022	4.70	+34.3%	2
2021	3.50	+40.0%	2
2020	2.50	-34.9%	1
2019	3.84	+5.2%	1
2018	3.65	+9.9%	2
2017	3.32	+9.9%	1
2016	3.02	+9.8%	2
2015	2.75	+10.0%	1
2014	2.50	—	1
2007	0.00	—	0

Special dividends are excluded from these figures. Based on 49 regular payments.

Payment history (54 payments · 5 special)

		As declared	Δ%	Type	Frequency	Declaration	Record	Pay date
2026-06-16	$1.6	–	0.0%	Cash	quarterly	2026-05-14	2026-06-16	2026-06-30
2026-03-16	$1.6	–	+3.2%	Cash	quarterly	2026-02-17	2026-03-16	2026-03-31
2025-12-22	$0.25	–	–	Special (cash)	—	2025-12-11	2025-12-22	2025-12-31
2025-12-22	$1.55	–	0.0%	Cash	quarterly	2025-12-11	2025-12-22	2025-12-31
2025-09-19	$1.55	–	0.0%	Cash	quarterly	2025-08-27	2025-09-19	2025-09-30
2025-06-16	$1.55	–	0.0%	Cash	quarterly	2025-05-15	2025-06-16	2025-06-30
2025-03-14	$1.55	–	+10.7%	Cash	quarterly	2025-02-19	2025-03-14	2025-03-28
2024-12-18	$1.4	–	0.0%	Cash	quarterly	2024-12-06	2024-12-18	2024-12-30
2024-12-18	$0.25	–	–	Special (cash)	—	2024-12-06	2024-12-18	2024-12-30
2024-09-18	$1.4	–	+7.7%	Cash	quarterly	2024-08-27	2024-09-18	2024-09-30
2024-06-17	$1.3	–	0.0%	Cash	quarterly	2024-05-16	2024-06-17	2024-06-28
2024-03-14	$1.3	–	+4.0%	Cash	quarterly	2024-02-22	2024-03-15	2024-03-28
2023-12-15	$1.25	–	0.0%	Cash	quarterly	2023-11-29	2023-12-18	2023-12-29
2023-09-15	$1.25	–	0.0%	Cash	quarterly	2023-08-29	2023-09-18	2023-09-29
2023-06-15	$1.25	–	0.0%	Cash	quarterly	2023-05-10	2023-06-19	2023-06-30
2023-03-16	$1.25	–	+4.2%	Cash	quarterly	2023-02-24	2023-03-17	2023-03-31
2022-12-16	$1.2	–	0.0%	Cash	quarterly	2022-12-08	2022-12-19	2022-12-30
2022-12-16	$0.3	–	–	Special (cash)	—	2022-12-08	2022-12-19	2022-12-30
2022-09-16	$1.2	–	0.0%	Cash	quarterly	2022-09-06	2022-09-19	2022-09-30
2022-06-16	$1.2	–	+9.1%	Cash	quarterly	2022-05-19	2022-06-20	2022-06-30
2022-03-18	$1.1	–	+10.0%	Cash	quarterly	2022-02-24	2022-03-21	2022-03-31
2021-12-17	$0.5	–	–	Special (cash)	—	2021-12-09	2021-12-20	2021-12-30
2021-12-17	$1	–	0.0%	Cash	quarterly	2021-12-09	2021-12-20	2021-12-30
2021-09-17	$1	–	+33.3%	Cash	quarterly	2021-09-07	2021-09-20	2021-09-30
2021-06-18	$0.75	–	0.0%	Cash	quarterly	2021-05-22	2021-06-21	2021-06-30
2021-03-19	$0.75	–	+50.0%	Cash	quarterly	2021-02-25	2021-03-22	2021-03-31
2020-12-18	$0.5	–	0.0%	Cash	quarterly	2020-12-01	2020-12-21	2020-12-30
2020-09-18	$0.5	–	0.0%	Cash	quarterly	2020-09-01	2020-09-21	2020-09-30
2020-06-19	$0.5	–	-50.0%	Cash	quarterly	2020-05-28	2020-06-22	2020-06-30
2020-03-13	$1	–	+4.2%	Cash	quarterly	2020-02-27	2020-03-16	2020-03-31
2019-12-13	$0.96	–	0.0%	Cash	quarterly	2019-12-02	2019-12-16	2019-12-30
2019-09-13	$0.96	–	0.0%	Cash	quarterly	2019-08-22	2019-09-16	2019-09-30
2019-06-13	$0.96	–	0.0%	Cash	quarterly	2019-05-30	2019-06-14	2019-06-28
2019-03-14	$0.96	–	+4.3%	Cash	quarterly	2019-02-28	2019-03-15	2019-03-29
2018-12-14	$0.92	–	+1.1%	Cash	quarterly	2018-11-30	2018-12-17	2018-12-28
2018-09-13	$0.91	–	0.0%	Cash	quarterly	2018-08-22	2018-09-14	2018-09-28
2018-06-14	$0.91	–	0.0%	Cash	quarterly	2018-05-17	2018-06-15	2018-06-29
2018-03-16	$0.91	–	+9.6%	Cash	quarterly	2018-02-22	2018-03-19	2018-03-29
2017-12-15	$0.83	–	0.0%	Cash	quarterly	2017-11-28	2017-12-18	2018-01-02
2017-09-14	$0.83	–	0.0%	Cash	quarterly	2017-08-30	2017-09-15	2017-09-29
2017-06-13	$0.83	–	0.0%	Cash	quarterly	2017-05-25	2017-06-15	2017-06-30
2017-03-13	$0.83	–	+9.2%	Cash	quarterly	2017-02-23	2017-03-15	2017-03-31
2016-12-15	$0.76	–	0.0%	Cash	quarterly	2016-12-08	2016-12-19	2016-12-30
2016-09-14	$0.76	–	+1.3%	Cash	quarterly	2016-08-29	2016-09-16	2016-09-30
2016-06-14	$0.75	–	0.0%	Cash	quarterly	2016-05-26	2016-06-16	2016-06-30
2016-03-14	$0.75	–	+8.7%	Cash	quarterly	2016-02-25	2016-03-16	2016-03-31
2015-12-17	$0.69	–	0.0%	Cash	quarterly	2015-12-09	2015-12-21	2015-12-30
2015-09-14	$0.69	–	0.0%	Cash	quarterly	2015-09-01	2015-09-16	2015-09-30
2015-06-12	$0.69	–	+1.5%	Cash	quarterly	2015-05-28	2015-06-16	2015-06-30
2015-03-13	$0.68	–	-19.0%	Cash	quarterly	2015-02-25	2015-03-17	2015-03-31
2014-12-18	$0.84	–	+1.2%	Cash	quarterly	2014-12-12	2014-12-22	2014-12-30
2014-09-18	$0.83	–	0.0%	Cash	quarterly	2014-08-27	2014-09-22	2014-09-30
2014-05-28	$0.83	–	–	Cash	quarterly	2014-05-22	2014-06-01	2014-06-30
2007-03-20	$3.25	–	–	Special (cash)	—	2007-02-22	2007-03-22	2007-03-30

Splits (1)

Date	Ratio	Cumulative
1998-03-02	3:2	×1.5 to today