Lamar Advertising Company Announces Cash Dividend on Common Stock
February 26 2015 - 11:04AM
Lamar Advertising Company (Nasdaq:LAMR), a leading owner and
operator of outdoor advertising and logo sign displays, announces
that its board of directors has declared a quarterly cash dividend
of $0.68 per share payable on March 31, 2015 to stockholders of
record of Lamar's Class A common stock and Class B common stock on
March 17, 2015. Lamar expects aggregate quarterly distributions to
stockholders in 2015, including the dividend payable on March 31,
2015, will total $2.75 per common share.
Forward-Looking Statements
This press release contains "forward-looking statements"
concerning Lamar Advertising Company's goals, beliefs,
expectations, strategies, objectives, plans, future operating
results and underlying assumptions and other statements that are
not necessarily based on historical facts. These statements
include, but are not limited to, statements regarding anticipated
2015 distributions. Actual results may differ materially from
those indicated in our forward-looking statements as a result of
various factors, including those factors set forth in Item 1A of
our Annual Report on Form 10‑K for the year ended December 31,
2014. We undertake no obligation to update the information
contained in this press release to reflect subsequently occurring
events or circumstances.
General Information
Lamar Advertising Company is a leading outdoor advertising
company currently operating over 150 outdoor advertising companies
in 44 states, Canada and Puerto Rico, logo businesses in 23 states
and the province of Ontario, Canada and over 60 transit advertising
franchises in the United States, Canada and Puerto Rico.
CONTACT: Buster Kantrow
Director of Investor Relations
(225) 926-1000
bkantrow@lamar.com
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