On September 13, 2019, the Board of Directors of Alico, Inc. declared a fourth quarter of fiscal year 2019 cash dividend of $0.06 per share on its outstanding common stock to be paid to shareholders of record as of September 27, 2019, with payment expected on October 11, 2019.

About ALICO, INC. (NASDAQ:ALCO)

Alico, Inc. is an agribusiness and natural resources management company. The Company’s segments include Orange Co., Conservation and Environmental Resources and, Other Operations. Its principal lines of business are citrus groves, cattle ranching and conservation. The Orange Co. segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus. The conservation and environmental resources segment includes activities related to cattle grazing, sod, native plant and animal sales, leasing, management and/or conservation of unimproved native pasture land. The other operations segment consists of activities related to rock mining royalties, oil exploration and other insignificant lines of business.