Lamar Advertising Announces Tax Reporting Information For 2020 Distributions on Common Stock
January 20 2021 - 2:40PM
Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR) today announced
certain year-end federal income tax reporting information for its
2020 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, 2020. Stockholders are encouraged
to consult with their tax advisors as to the specific tax treatment
of Lamar’s 2020 distributions.
Lamar
Advertising Company Common Stock |
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Ticker
Symbol: LAMR |
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Ordinary |
Qualified |
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Cash |
Taxable |
Taxable |
Sec. 199A |
Return of |
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Distribution |
Dividend |
Dividend |
Dividend |
Capital |
Record Date |
Payable Date |
(per share) |
(per share) |
(per share)* |
(per share)* |
(per share) |
3/16/2020 |
3/31/2020 |
$1.0000 |
$0.8791 |
$0.0445 |
$0.8346 |
$0.1209 |
6/22/2020 |
6/30/2020 |
$0.5000 |
$0.4395 |
$0.0222 |
$0.4173 |
$0.0605 |
9/21/2020 |
9/30/2020 |
$0.5000 |
$0.4395 |
$0.0222 |
$0.4173 |
$0.0605 |
12/21/2020 |
12/30/2020 |
$0.5000 |
$0.4395 |
$0.0222 |
$0.4173 |
$0.0605 |
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*Qualified
taxable dividend and Sec. 199A dividend amounts included in
ordinary taxable |
dividend
amount. |
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About Lamar Advertising CompanyFounded in 1902,
Lamar Advertising Company is one of the largest outdoor advertising
companies in North America, with more than 357,500 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
over 3,600 displays.
Company Contact:
Buster KantrowDirector of Investor
RelationsLamar Advertising Company(225)
926-1000bkantrow@lamar.com
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