Alico (ALCO) Declares $0.06 Quarterly Dividend; 1% Yield

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Alico, Inc. Announces Fiscal Year 2016 Second Quarter Dividend and Election of Directors

March 9, 2016 4:21 PM EST

FORT MYERS, Fla., March 09, 2016 (GLOBE NEWSWIRE) -- Alico, Inc. (the Company) (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 March 8, 2016, declared a second 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 March 31, 2016, with the payment expected on April 15, 2016.

At its Board Meeting, the Board of Directors elected Henry R. Slack, Chairman of the Board of Directors, and made the following committee appointments:

Executive Committee:        ... More