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Lamar Advertising Announces Tax Reporting Information For 2022 Distributions on Common Stock

Written by Customer Service on . Posted in Dividend Reports And Estimates.

BATON ROUGE, La., Jan. 18, 2023 (GLOBE NEWSWIRE) — Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced certain year-end federal income tax reporting information for its 2022 distributions on its Class A and Class B common stock (“Common Stock”).

The following tables summarize, for federal income tax purposes, the nature of distributions paid to holders of Lamar Common Stock, presented on a per share basis, during the calendar year ended December 31, 2022. Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of Lamar’s 2022 distributions.

Lamar Advertising Company Common Stock   
Ticker Symbol: LAMR     
       
   OrdinaryQualified  
  CashTaxableTaxableSec. 199AReturn of
  DistributionDividendDividendDividendCapital
Record DatePayable Date(per share)(per share)(per share)*(per share)*(per share)
3/21/20223/31/2022$1.1000$1.1000$0.0662$1.0338$0.0000
6/20/20226/30/2022$1.2000$1.2000$0.0722$1.1278$0.0000
9/19/20229/30/2022$1.2000$1.2000$0.0722$1.1278$0.0000
12/19/202212/30/2022$1.2000$1.2000$0.0722$1.1278$0.0000
**12/19/2022**12/30/2022$0.3000$0.3000$0.0180$0.2820$0.0000
       
*Qualified taxable dividend and Sec. 199A dividend amounts included in ordinary taxable dividend amount.
**Special dividend     

About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with more than 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out of home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximately 4,300 displays.

Company Contact:

Buster Kantrow
Lamar Advertising Company
(225) 926-1000
bkantrow@lamar.com

 

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