Consolidated-Tomoka Land (CTO) Raises Quarterly Dividend 14.3% to $0.08; 0.5% Yield
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Consolidated-Tomoka Land Co. Announces Quarterly Dividend of $0.08 Per Share
October 17, 2018 4:30 PM EDTDAYTONA BEACH, Fla., Oct. 17, 2018 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) today announced that the Companys Board of Directors declared a quarterly dividend of $0.08 per share payable on November 30, 2018 to shareholders of record on November 9, 2018. Â The fourth-quarter dividend is an increase of 14% from the prior quarters dividend and represents an annualized dividend level of $0.32 per share.
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... More
