Consolidated-Tomoka Land (CTO) Declares $0.04 Quarterly Dividend; 0.3% Yield

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Consolidated-Tomoka Land Co. Announces Quarterly Dividend of $0.04 Per Share and Date of Annual Meeting

January 26, 2017 4:20 PM EST

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) today announced that the Companys Board of Directors declared a quarterly dividend of $0.04 per share payable on February 28, 2017 to shareholders of record on February 10, 2017.

Jeffry B. Fuqua, 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."

In addition, the Companys Board of Directors has set Wednesday, April... More