Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties; and leasing of land for recreational and grazing purposes, conservation, and mining activities. As of September 30, 2021, it had 83,000 acres of land situated in eight counties in Florida, which include the Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was founded in 1960 and is headquartered in Fort Myers, Florida.
Alico Dividend Announcement
• Alico announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-27
• Alico annual dividend for 2024 was $0.15
• Alico annual dividend for 2023 was $0.20
• Alico's trailing twelve-month (TTM) dividend yield is 0.76%
• Alico's payout ratio for the trailing twelve months (TTM) is 5.85%
• Alico's dividend growth over the last five years (2018-2023) was -3.58% year
• Alico's dividend growth over the last ten years (2013-2023) was -5.71% year
Alico Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.05 | quarterly | 2024-10-11 |
2024-06-28 | $0.05 | quarterly | 2024-07-12 |
2024-03-27 | $0.05 | quarterly | 2024-04-11 |
2023-12-28 | $0.05 | quarterly | 2024-01-12 |
2023-09-28 | $0.05 | quarterly | 2023-10-13 |
2023-06-29 | $0.05 | quarterly | 2023-07-14 |
2023-03-30 | $0.05 | quarterly | 2023-04-14 |
2022-12-29 | $0.05 | quarterly | 2023-01-13 |
2022-09-29 | $0.50 | quarterly | 2022-10-14 |
2022-06-23 | $0.50 | quarterly | 2022-07-08 |
2022-03-24 | $0.50 | quarterly | 2022-04-08 |
2021-12-30 | $0.50 | quarterly | 2022-01-14 |
2021-09-23 | $0.50 | quarterly | 2021-10-08 |
2021-06-24 | $0.50 | quarterly | 2021-07-09 |
2021-03-25 | $0.18 | quarterly | 2021-04-09 |
2020-12-23 | $0.18 | quarterly | 2021-01-08 |
2020-09-24 | $0.09 | quarterly | 2020-10-09 |
2020-06-25 | $0.09 | quarterly | 2020-07-10 |
2020-03-26 | $0.09 | quarterly | 2020-04-10 |
2019-12-26 | $0.09 | quarterly | 2020-01-10 |
2019-09-26 | $0.06 | quarterly | 2019-10-11 |
2019-06-27 | $0.06 | quarterly | 2019-07-12 |
2019-03-28 | $0.06 | quarterly | 2019-04-12 |
2018-12-27 | $0.06 | quarterly | 2019-01-11 |
2018-09-27 | $0.06 | quarterly | 2018-10-12 |
2018-06-28 | $0.06 | quarterly | 2018-07-13 |
2018-03-28 | $0.06 | quarterly | 2018-04-13 |
2017-12-28 | $0.06 | quarterly | 2018-01-16 |
2017-09-28 | $0.06 | quarterly | 2017-10-16 |
2017-06-28 | $0.06 | quarterly | 2017-07-15 |
2017-03-29 | $0.06 | quarterly | 2017-04-14 |
2016-12-28 | $0.06 | quarterly | 2017-01-16 |
2016-09-28 | $0.06 | quarterly | 2016-10-14 |
2016-06-28 | $0.06 | quarterly | 2016-07-15 |
2016-03-29 | $0.06 | quarterly | 2016-04-15 |
2015-12-29 | $0.06 | quarterly | 2016-01-15 |
2015-09-28 | $0.06 | quarterly | 2015-10-15 |
2015-06-26 | $0.06 | quarterly | 2015-07-15 |
2015-03-27 | $0.06 | quarterly | 2015-04-15 |
2015-01-28 | $0.06 | quarterly | |
2014-12-29 | $0.06 | quarterly | 2015-01-15 |
2014-09-26 | $0.06 | quarterly | 2014-10-15 |
2014-06-26 | $0.06 | quarterly | 2014-07-14 |
2014-03-27 | $0.12 | quarterly | 2014-04-14 |
2013-12-27 | $0.12 | quarterly | 2014-01-14 |
2013-09-26 | $0.08 | quarterly | 2013-10-15 |
2013-06-26 | $0.08 | quarterly | 2013-07-15 |
2013-03-26 | $0.08 | quarterly | 2013-04-15 |
Alico Dividend per year
Alico Dividend growth
Alico Dividend Yield
Alico current trailing twelve-month (TTM) dividend yield is 0.76%. Interested in purchasing Alico stock? Use our calculator to estimate your expected dividend yield:
Alico Financial Ratios
Alico Dividend FAQ
Other factors to consider when evaluating Alico as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Alico's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alico publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alico distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alico are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alico sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alico distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alico declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alico's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alico's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.