Lamar Advertising (LAMR) Dividend
Lamar Advertising Company · Real Estate · REIT - Specialty · quarterly payer
As of Nov 5, 2026, Lamar Advertising (LAMR) pays a quarterly dividend of $1.65 per share, or $6.60 a year, a 4.16% yield at its $158.36 share price. It pays every quarter, usually in March, June, September and December. It has raised its dividend 2 years in a row and has a dividend safety grade of C.
Forward Yield
4.16%
Annual Dividend
$6.60
Payout Ratio
115%
5-Yr Growth
26.4%
Ex-Date
Sep 21, 2026
Frequency
Quarterly
Key facts about LAMR's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Lamar Advertising Company (LAMR) has a forward dividend yield of 4.16%, based on an annual dividend of $6.60 per share and a share price of $158.36.
- As of Nov 5, 2026, LAMR's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Lamar Advertising Company (LAMR) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
- LAMR last cut its regular dividend in 2020.
- LAMR's most recent ex-dividend date was Sep 21, 2026, for a dividend of $1.65 per share.
- As of Nov 5, 2026, LAMR pays out 115% of its trailing 12-month earnings as dividends (its payout ratio).
- LAMR's dividend has grown at an average rate of 26.4% a year over the past five years.
- As of Nov 5, 2026, LAMR's 4.16% yield is 13% below its five-year average yield of 4.78%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for LAMR is $80.28 per share, 49% below the $158.36 share price, so LAMR screens as overvalued.
- Lamar Advertising Company (LAMR) pays its dividend quarterly, 4 times a year.
- Lamar Advertising Company (LAMR) has raised its regular dividend 19 times and cut it 2 times across the 51 payments on record since 2007. Its most recent change was a 3.1% increase to $1.65 per share, going ex-dividend on Sep 21, 2026. The last cut went ex-dividend on Jun 19, 2020.
Cite this page
SmarterDividends, "LAMR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/LAMR
Is LAMR a good dividend stock?
MixedLamar Advertising Company (LAMR) pays a quarterly dividend yielding 4.16% ($6.60/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 26.4% 5-yr dividend growth
- 44% total price return over 5 years
Risks
- Cut its dividend in 2020
- Elevated payout ratio (115%)
Key Data
- Dividend Yield
- 4.16%
- Payout Ratio
- 115%
- Annual Dividend
- $6.60
- 5-Yr Avg Growth
- 26.4%
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 1.25
- Market Cap
- $16.1B
- P/E Ratio
- 28.9
- 5-Yr Total Return
- 44%
- 52-Week Range
- $117.38 – $166.33
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2020)
LAMR dividend raises and cuts
Lamar Advertising Company (LAMR) has raised its regular dividend 19 times and cut it 2 times across the 51 payments on record since 2007. Its most recent change was a 3.1% increase to $1.65 per share, going ex-dividend on Sep 21, 2026. The last cut went ex-dividend on Jun 19, 2020.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 21, 2026 | Raise | $1.60 → $1.65 | +3.1% |
| Mar 16, 2026 | Raise | $1.55 → $1.60 | +3.2% |
| Mar 14, 2025 | Raise | $1.40 → $1.55 | +10.7% |
| Sep 18, 2024 | Raise | $1.30 → $1.40 | +7.7% |
| Mar 14, 2024 | Raise | $1.25 → $1.30 | +4.0% |
| Mar 16, 2023 | Raise | $1.20 → $1.25 | +4.2% |
| Jun 16, 2022 | Raise | $1.10 → $1.20 | +9.1% |
| Mar 18, 2022 | Raise | $1.00 → $1.10 | +10.0% |
| Sep 17, 2021 | Raise | $0.750 → $1.00 | +33.3% |
| Mar 19, 2021 | Raise | $0.500 → $0.750 | +50.0% |
| Jun 19, 2020 | Cut | $1.00 → $0.500 | −50.0% |
| Mar 13, 2020 | Raise | $0.960 → $1.00 | +4.2% |
Show all 21 changes since 2014
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 14, 2019 | Raise | $0.920 → $0.960 | +4.3% |
| Dec 14, 2018 | Raise | $0.910 → $0.920 | +1.1% |
| Mar 16, 2018 | Raise | $0.830 → $0.910 | +9.6% |
| Mar 13, 2017 | Raise | $0.760 → $0.830 | +9.2% |
| Sep 14, 2016 | Raise | $0.750 → $0.760 | +1.3% |
| Mar 14, 2016 | Raise | $0.690 → $0.750 | +8.7% |
| Jun 12, 2015 | Raise | $0.680 → $0.690 | +1.5% |
| Mar 13, 2015 | Cut | $0.840 → $0.680 | −19.0% |
| Dec 18, 2014 | Raise | $0.830 → $0.840 | +1.2% |
Frequently Asked Questions
Is LAMR a good dividend stock?
Mixed. Lamar Advertising Company (LAMR) pays a quarterly dividend yielding 4.16% ($6.60/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is LAMR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LAMR's fair value is about $80.28 versus a $158.36 share price — so it looks overvalued (-49% vs. fair value).
Is LAMR's dividend safe?
LAMR has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2020, debt and yield-versus-history.
What is LAMR's fair value?
Our blended fair-value estimate for LAMR is about $80.28 per share, about 49% below the current $158.36 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LAMR a buy, hold, or sell?
We don't issue formal ratings, but on the data LAMR screens as "mixed" and overvalued. Lamar Advertising Company (LAMR) pays a quarterly dividend yielding 4.16% ($6.60/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will LAMR cut its dividend?
LAMR earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LAMR pay a dividend?
Yes. Lamar Advertising Company pays a quarterly dividend of about $6.60 per share annually, a forward yield of roughly 4.16%.
How much dividend does 100 shares of LAMR pay?
At $6.60 per share a year, 100 shares of LAMR pay $660.00 a year in dividends before tax, about $165.00 each quarter. Buying them costs about $15,836 at the Nov 5, 2026 price.
What is LAMR's dividend yield?
As of Nov 5, 2026, LAMR's forward dividend yield is 4.16%, based on a $6.60 annual dividend and a $158.36 share price.
What is LAMR's dividend per share?
As of Nov 5, 2026, LAMR pays $6.60 per share per year, distributed on a quarterly basis.
What is LAMR's dividend payout ratio?
As of Nov 5, 2026, LAMR's payout ratio is 115% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has LAMR grown its dividend?
As of Nov 5, 2026, LAMR has increased its dividend for 2 consecutive years.
When is the next LAMR ex-dividend date?
As of Nov 5, 2026, LAMR's next ex-dividend date hasn't been announced. The most recent was Sep 21, 2026, for $1.65 per share.
LAMR Price — Last 12 Months
Daily close
Price Return
1 Year
+19%
3 Years
+56%
5 Years
+44%
52-Week Range
$117.38 – $166.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LAMR worth?
Overvaluedlow confidenceOur blended fair-value estimate for Lamar Advertising Company is $80.28 per share, versus a market price of $158.36. That implies 49% of downside.
Fair Value
$80.28
Current Price
$158.36
Downside
-49%
Margin of Safety
-97%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 10.4% discount rate (CAPM), 1.4% growth for five years fading to 2.5% over the next five, $5.48 EPS, $6.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LAMR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full LAMR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 21, 2026 | Sep 30, 2026 | $1.6500 | regular |
| Jun 16, 2026 | Jun 30, 2026 | $1.6000 | regular |
| Mar 16, 2026 | Mar 31, 2026 | $1.6000 | regular |
| Dec 22, 2025 | Dec 31, 2025 | $1.8000 | regular |
| Sep 19, 2025 | Sep 30, 2025 | $1.5500 | regular |
| Jun 16, 2025 | Jun 30, 2025 | $1.5500 | regular |
| Mar 14, 2025 | Mar 28, 2025 | $1.5500 | regular |
| Dec 18, 2024 | Dec 30, 2024 | $1.6500 | regular |
| Sep 18, 2024 | Sep 30, 2024 | $1.4000 | regular |
| Jun 17, 2024 | Jun 28, 2024 | $1.3000 | regular |
| Mar 14, 2024 | Mar 28, 2024 | $1.3000 | regular |
| Dec 15, 2023 | Dec 29, 2023 | $1.2500 | regular |
| Sep 15, 2023 | Sep 29, 2023 | $1.2500 | regular |
| Jun 15, 2023 | Jun 30, 2023 | $1.2500 | regular |
Income Calculator
At $6.60 / yr per share
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