The ROI: Baton Rouge-based Lamar Advertising Company says its board of directors has declared a quarterly cash dividend of $0.69 per share, which will be paid on Sept. 30 to stockholders of the company’s Class A stock, and on Sept. 16 for Class B common stockholders. In a press release issued this morning, Lamar also says it expects aggregate quarterly distributions to stockholders in 2015 will total $2.75 per common share, including the latest dividend and the aggregate of $1.37 of dividends previously paid on March 31 and June 30. As previously reported, Lamar saw its net revenues rise 4.2% in the second quarter to $344.2 million, up from $330.4 million for the April-to-June period last year, according to its latest quarterly report released in August.
Making waves: A half-day conference set to take place later this month will focus on the future of water resources in the Capital Region. “Capital Region Water in 2050: Opportunities & Challenges,” presented by the Environment and Health Council of Louisiana and the Pennington Biomedical Research Center, will feature a number of guest speakers from the region, as well as panel discussions. The conference will begin at 8 a.m. on Thursday, Sept. 17, at the Pennington Conference Center. The conference is free and open to the public, but registration is required. Get complete details and register to attend.
Selling Louisiana: The Louisiana Office of Tourism has received its first ever National Council of State Tourism Directors Mercury Award for marketing. The award represents the highest level of recognition among state tourism agencies, and Louisiana won for its print campaign celebrating Louisiana’s culinary scene. “We focused our 2015 and 2016 ads on the state’s culinary offerings and how well our cuisine pairs with the rest of our state’s passions—outdoor adventure, music, history. It resulted in stunning ads and a highly effective message,” says Lt. Gov. Jay Dardenne in a prepared statement. The Mercury Awards, given annually at the U.S. Travel Association’s Educational Seminar for Tourism Organizations conference, recognize creative accomplishment in state destination marketing and promotion.
