Consolidated-Tomoka Land (CTO) Raises Quarterly Dividend 14.3% to $0.08; 0.5% Yield

Consolidated-Tomoka Land (NYSE: CTO) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. This is a 14.3% increase from the prior dividend of $0.07.

The dividend will be payable on November 30, 2018, to stockholders of record on November 9, 2018, with an ex-dividend date of November 8, 2018.

The annual yield on the dividend is 0.5 percent.

Laura M. Franklin, Chairman of the Board, stated, “The Board is pleased that the operating results at Consolidated-Tomoka Land Co. continue to support our dividend tradition that began in 1976. The Board will continue to review its dividend strategy on a regular basis.”

For a dividend history and other dividend-related data on Consolidated-Tomoka Land (CTO) click here.

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