Lamar Advertising Company (LAMR) has raised its dividend by about 10%.
Last summer LAMR was the latest of four REITs to be added to the nonPension portolio. The upcoming dividend will be 71 cents higher than the first payment two quarters earlier. Due to dividend reinvestment and the dividend increase, that next payment represents a 12% increase over the September payment.
While the dividend payments have increased over time, the value of my individual shares has declined slightly.
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