Alico, Inc. (NASDAQ:ALCO) will begin trading ex-dividend on December 23, 2020. The quarterly dividend payment of $ 0.18 per share is scheduled to be paid on January 8, 2021. The dividend yield based on the latest trading day closing price was 2.33 percent. Shareholders who purchased ALCO shares prior to the ex-dividend date are eligible for the cash dividend payment.
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Alico, Inc. recently reported fourth quarter financial results on December 8, 2020, before market open, the Fort Myers based company came out with loss for the fourth quarter of $ 0.42 per share, from the revenue of $ 4.87 million. The quarterly earnings while revenues surged 250.36 percent compared with the same quarter last year.
Wall street analysts are predicting revenue of The bottom line results street analysts by $ 0.02 or , at the same time, top line results analysts by $ 0.67 million or .
Shares of Alico, Inc. traded low $ -0.29 or -0.93 percent on Monday, reaching $ 30.93 with volume of 30.20 thousand shares. Alico, Inc. has traded high as $ 31.39 and has cracked $ 30.69 on the downward trend
According to the previous trading day, closing price of $ 30.93, representing a 38.45 % increase from the 52 week low of $ 22.55 and a 18.38 % decrease over the 52 week high of $ 38.25.
The company has a market capital of $ 232.17 million and is part of the Consumer Goods sector and Farm Products industry.
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 Water Resources and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which comprise contracting for the harvesting, marketing, and hauling of citrus.