Lamar Advertising raises quarterly dividend 3.1% to $1.65
Lamar Advertising raised its quarterly dividend by 3.1% to $1.65 a share from $1.60. The annual payout is $6.60, and the dividend is payable Sept. 30 to Sept. 21 stockholders of record.
By Kelly CloonanLamar Advertising raised its quarterly dividend by 3.1%, to $1.65 a share, from $1.60.The new payout, equal to $6.60 a year, represents an annual yield of about 4.4% based on Tuesday's closing price of $151.08.The dividend is payable on Sept.
30 to stockholders of record on Sept.
21…