Highest Paying Dividend Stocks – In Focus LAMR

Lamar Advertising (LAMR) is not only one of the highest paying dividend stocks we cover (dividend yield = 4.84), we also consider it one of the best dividend paying stocks we cover. We will explain why in this report.

Background

Lamar Advertising (LAMR) is an outdoor advertising company. It was founded in 1902 and is currently one of the largest outdoor advertising companies in North America. It operates in the U.S., Canada, and Puerto Rico. Lamar sells advertising on billboards, buses, shelters, benches and logo plates. Lamar also offers its customers the largest network of digital billboards in the United States.

In 2014, Lamar acquired the assets of Marco Outdoor advertising and shortly thereafter changed its corporate structure to a real estate investment trust (REIT).  It is currently headquartered in Baton Rouge, Louisiana.

Stock Fundamentals

LAMR is an advertising company, and consequently its business tends to be a little erratic. This is reflected in the volatility of its stock price and its beta. Despite this, it has actually displayed fairly consistent growth in sales.

LAMR has also been consistently profitable; and its operating cash flows support and confirm its reported profits. It has shown skill at managing its cash flows, generating positive free cash flows, and growing its equity. On top of all this, LAMR scores well on many of the other measures of efficiency that we study.  In addition, this very good company has price multiples that are only comparable to an average company, and in some ways even lower.

LAMR earns our highest rating for its overall fundamentals, “A”. And we consider LAMR one of the best monthly dividend stocks we cover.

Stat Sheet – Lamar Advertising 4/18/16

Ticker LAMR
Industry Real Estate Operations
Price $ 62.01
Market Cap  $ 5,978
Dividend Yield 4.84
Dividend/CFOp 0.569
Equity/Assets 0.292
Average Equity/Assets 0.248
Financial Strength Average
Growth Prospects Average
Beta 1.86
Price Volatility Above Average
Stock Fundamentals A

(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016)

No one can forecast with perfection a single stock. No matter how much promise a stock has, it can disappoint; and LAMR may disappoint. But we feel strongly that if you fill a portfolio with LAMR and stocks similar to it, that portfolio will beat the market on a risk-adjusted return basis.

If you would like to research on some of the other stocks we also consider the best monthly dividend stocks, click the link below.

Top dividend paying stocks and more.

If you would like to learn why it is so important to have a penchant for the best monthly dividend stocks, click the link below.

Why we favor the best monthly dividend stocks and you should too.

Disclaimer – Information contained herein has been obtained from sources believed to be reliable. Neither the author nor the publisher guarantees the accuracy or completeness of the information and methods described. This information is offered as general commentary only. It is not intended as investment advice. Investment and trading of securities involves risk, including of loss of capital. Market conditions change over time, and no assurance can be given that a reader may apply the principles described to make a profit. The author and publisher expressly disclaim all and any liability to any person for any investment or trading decisions that the reader may make in reliance on this information.

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Highest Paying Dividend Stocks – In Focus LAMR

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