By Sarina Isaacs
Lamar Advertising Company declared a special dividend.
The Baton Rouge, La.-based advertising company on Friday said its board approved a special payout of 25 cents per share. Its quarterly dividend remains at $1.40 per share.
Both dividends are payable on Dec. 30 to holders of record of Class A and Class B common stock on Dec. 18.
The company's last quarterly dividend raise came in August, when it lifted the payout by 7.7%.
Write to Sarina Isaacs at sarina.isaacs@wsj.com
(END) Dow Jones Newswires
December 06, 2024 16:52 ET (21:52 GMT)
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