Lamar Advertising Projects 2026 AFFO Growth and Special Dividend
Lamar Advertising Company (LAMR) reported a 6.2% increase in acquisition-adjusted revenue for the third quarter, fueled by robust demand from national advertisers, political spending, and the company's digital platform. Management noted that expense growth has begun to moderate alongside this revenue uptick. Looking ahead, the company provided long-term guidance projecting Adjusted Funds From Operations (AFFO) per share in the range of $8.87 to $8.97 for 2026. Additionally, Lamar plans to issue a special dividend estimated between $0.30 and $0.35 per share, signaling strong cash flow confidence.
Tickers: $LAMR
Topics: digital advertising earnings report political spending revenue growth
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