Consolidated-Tomoka Land (CTO) Declares $0.10 Quarterly Dividend; 0.6% Yield

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Consolidated-Tomoka Land Co. Announces Quarterly Dividend of $0.10 Per Share

April 24, 2019 4:20 PM EDT

DAYTONA BEACH, Fla., April 24, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) today announced that the Companys Board of Directors declared a quarterly dividend of $0.10 per share payable on May 30, 2019 to shareholders of record on May 10, 2019.

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.

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