Alico Inc
ALCOAlico Inc. is an agricultural company primarily involved in the cultivation and management of citrus, sugarcane, and other crops in Florida. Founded in 1960, it operates through its subsidiaries to grow crops, develop real estate, and provide environmental and conservation services. The company also engages in land management and leasing activities related to its agricultural and real estate assets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| July 16, 2026 | $0.05 | 2026-07-02 | 2026-07-02 |
| April 17, 2026 | $0.05 | 2026-04-02 | 2026-04-03 |
| January 16, 2026 | $0.05 | 2026-01-02 | 2026-01-02 |
| October 10, 2025 | $0.05 | 2025-09-26 | 2025-09-26 |
| July 11, 2025 | $0.05 | 2025-06-27 | 2025-06-27 |
Dividends Summary
- Consistent Payer: Alico Inc has rewarded shareholders with 79 dividend payments over the past 21 years.
- Total Returned Value: Investors who held ALCO shares during this period received a total of $11.89 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 2 days ago, on July 16, 2026.
- Yield & Schedule: ALCO currently pays dividends quarterly with an annual yield of 0.49%.
- Dividend Growth: Since 2005, the dividend payout has decreased by 95.0%, from $1.00 to $0.05.
- Dividend Reliability: ALCO has maintained or increased its dividend for 15 consecutive payments.
Company News
Alico, Inc. reported a net loss for the first quarter of fiscal year 2025 due to lower citrus production and no land sales, but expects to realize $20 million in land sales this fiscal year as it transitions to a diversified land company.
Alico, Inc. announced that it will release its financial results for the fourth quarter and full year 2024 on December 2, 2024, and will host a conference call to discuss the results.
Alico, Inc. sustained minimal tree damage from Hurricane Milton, with most of its citrus groves remaining intact. The company maintains crop insurance and plans to work with industry groups and government agencies to aid in recovery.
Alico, Inc. has amended its credit agreement with MetLife, increasing its revolving line of credit from $25 million to $95 million and extending the maturity date to 2034. The company also paid off its current borrowings with Rabo Agrifinance.
Alico reported a quarterly loss of $0.27 per share, missing the Zacks Consensus Estimate of a loss of $0.25. The company's revenues of $13.61 million also missed the consensus estimate. Alico's stock has underperformed the S&P 500 so far this year.
