Alico, Inc. Announces Fiscal Year 2016 Third Quarter Dividend
May 12 2016 - 4:15PM
Alico, Inc. (“Alico”) (NASDAQ:ALCO), a holding company with assets
and related operations in agriculture and natural resources,
announced that its Board of Directors, at a meeting held on May 11,
2016, declared a third quarter cash dividend in the amount of $0.06
per share on its outstanding common stock. The dividend is to be
paid to shareholders of record as of June 30, 2016, with payment
expected on July 15, 2016.
About Alico
Alico is a holding company with assets and
related operations in agriculture and natural resources. In
addition to its citrus operations, Alico is currently involved in
cattle ranching, water management, mining and other natural
resources. Our mission is to create value for shareholders by
managing existing assets to their optimal current income and total
returns, opportunistically acquiring new assets and producing high
quality agricultural products while exercising responsible
environmental stewardship. Learn more about Alico (NASDAQ:ALCO) at
www.alicoinc.com.
Forward-Looking Statements
We provide forward-looking information in this
release pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”). Any statements in
this release that are not historical facts are forward-looking
statements. Forward-looking statements include, but are not limited
to, statements that express our intentions, beliefs, expectations,
strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These
statements are based on our current expectations, estimates and
projections about our business based, in part, on assumptions made
by our management. These assumptions are not guarantees of
future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Therefore, actual outcomes and
results may differ materially from what is expressed or forecasted
in the forward-looking statements due to numerous factors,
including those risks factors described in our Annual Report on
Form 10-K for the year ended September 30, 2014 and our Quarterly
Reports on Form 10-Q filed with the Securities and Exchange
Commission. Alico undertakes no obligation to subsequently
update or revise the forward-looking statements made in this press
release, except as required by law.
Investor Contact:
John E. Kiernan
Senior Vice President and Chief Financial Officer
(239) 226-2000
JKiernan@alicoinc.com
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