Consolidated-Tomoka Land (CTO) Declares $0.06 Quarterly Dividend; 0.4% Yield

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Go back to Consolidated-Tomoka Land (CTO) Declares $0.06 Quarterly Dividend; 0.4% Yield

Consolidated-Tomoka Announces Quarterly Dividend of $0.06 Per Share and Date of Annual Meeting

January 25, 2018 4:20 PM EST

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the Company) today announced that the Companys Board of Directors declared a quarterly dividend of $0.06 per share payable on February 28, 2018 to shareholders of record on February 10, 2018.

Laura M. Franklin, Chairman of the Board, stated, "The Board is pleased that the Companys operating results continue to support our dividend tradition that began in 1976 and allowed us to increase the quarterly dividend for the third consecutive year, reflecting a 20% increase from the prior dividend in the fourth quarter of 2017. The Board will... More