Arizona Land Income Corporation Declares Special Dividend
December 01 2006 - 4:19PM
Business Wire
Arizona Land Income Corporation (AMEX: AZL), an independent real
estate investment trust (REIT), today declared a $1.00 per share
special dividend, consistent with our Master Agreement with The
Shidler Group and as a means of distributing to our shareholders
both the gain realized by the Company in connection with its
mortgage receivable and other income earned in fiscal 2006. This
dividend will be payable to shareholders of record as of January 5,
2007 and paid on January 26, 2007, and will be in lieu of both the
4th Quarter 2006 and the 1st Quarter 2007 quarterly dividend
payments. The next regular quarterly dividend payment will be made
for the 2nd Quarter of 2007. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: Statements
contained in this release except for historical information are
forward-looking statements that are based on current expectations
and involve risks and uncertainties. Without limiting the
generality of the foregoing, words such as �may,� �will,� �expect,�
�believe,� �anticipate,� �intend,� �could,� �estimate,� or
�continue� or the negative or other variations thereof or
comparable terminology are intended to identify forward-looking
statements. The risks and uncertainties inherent in such statements
may cause actual future events or results to differ materially and
adversely from those described in the forward-looking statements.
Important factors that may cause a difference between projected and
actual results for the Company are discussed in the Company�s
filings from time to time with the U.S. Securities and Exchange
Commission, including but not limited to the Company�s annual
reports on Form 10-KSB, subsequent quarterly filings on Form 10-QSB
and current reports on Form 8-K. The Company disclaims any
obligation to revise or update any forward-looking statements that
may be made from time to time by it or on its behalf. Arizona Land
Income Corporation (AMEX: AZL), an independent real estate
investment trust (REIT), today declared a $1.00 per share special
dividend, consistent with our Master Agreement with The Shidler
Group and as a means of distributing to our shareholders both the
gain realized by the Company in connection with its mortgage
receivable and other income earned in fiscal 2006. This dividend
will be payable to shareholders of record as of January 5, 2007 and
paid on January 26, 2007, and will be in lieu of both the 4th
Quarter 2006 and the 1st Quarter 2007 quarterly dividend payments.
The next regular quarterly dividend payment will be made for the
2nd Quarter of 2007. Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995: Statements contained in
this release except for historical information are forward-looking
statements that are based on current expectations and involve risks
and uncertainties. Without limiting the generality of the
foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "intend," "could," "estimate," or "continue" or the
negative or other variations thereof or comparable terminology are
intended to identify forward-looking statements. The risks and
uncertainties inherent in such statements may cause actual future
events or results to differ materially and adversely from those
described in the forward-looking statements. Important factors that
may cause a difference between projected and actual results for the
Company are discussed in the Company's filings from time to time
with the U.S. Securities and Exchange Commission, including but not
limited to the Company's annual reports on Form 10-KSB, subsequent
quarterly filings on Form 10-QSB and current reports on Form 8-K.
The Company disclaims any obligation to revise or update any
forward-looking statements that may be made from time to time by it
or on its behalf.
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