OUTFRONT Media declares quarterly dividend of $0.30 per share

NEW YORK - OUTFRONT Media Inc. (NYSE:OUT) announced Tuesday that its board of directors has declared a quarterly cash dividend of $0.30 per share on the company’s common stock, maintaining its attractive 6.69% dividend yield. According to InvestingPro data, the company has demonstrated strong shareholder returns, with the stock up 38.44% over the past year.

The dividend will be payable on September 30, 2025, to shareholders of record at the close of business on September 5, 2025, according to a press release statement.

OUTFRONT Media is an out-of-home media company with operations primarily in the United States. The company provides advertising space on billboards, digital displays, transit systems, and other out-of-home formats.

The quarterly dividend announcement represents a routine financial action for the company, which regularly distributes dividends to its shareholders.

In other recent news, Outfront Media reported its first-quarter 2025 earnings, revealing that both earnings per share and revenue came in below expectations. The company posted an EPS of -$0.14, missing the forecasted -$0.09, and reported revenue of $390.7 million, which was lower than the anticipated $396.14 million. Additionally, Outfront Media announced a restructuring and workforce reduction plan aimed at optimizing cost efficiencies and enhancing customer experience, which will eliminate about 120 positions by the end of the second quarter of 2025. In analyst updates, TD Cowen’s Lance Vitanza lowered the price target for Outfront Media from $20.00 to $18.00, maintaining a Hold rating on the stock. Vitanza cited contract losses and the uncertain economic climate as reasons for the adjustment. The analyst also noted robust growth in digital and programmatic segments but highlighted significant challenges, including contract forfeitures in New York and the planned exit from a Los Angeles contract. These factors led to a downward revision of the company’s financial estimates for the second quarter and the second half of the year.

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