Alico's last quarterly dividend was on Dec 29, 2022 (ex-date) with a distribution of $0.05 per share. On an annualized basis, the company has a current payout of $1.55 per share. This brings the dividend yield to 5.63% based on its recent close price. The latest dividend marks a decrease of $0.45, or 90% from the previous dividend.
ALCO has a dividend yield of 5.63% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 2.14%, Alico's dividend yield is 163% higher. Historically ALCO's dividend yield has averaged at 2.4% in the last 5 years, which is less than the current one.
Alico has been paying dividends since 1995. ALCO has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 8% since one year ago. But with the stock price down by 17% from a year ago, the dividend yield has grown by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 29, 2022 | Jan 13, 2023 | Dec 12, 2022 | $0.05 | normal |
| Sep 29, 2022 | Oct 14, 2022 | Sep 14, 2022 | $0.5 | normal |
| Jun 23, 2022 | Jul 8, 2022 | Jun 9, 2022 | $0.5 | normal |
| Mar 24, 2022 | Apr 8, 2022 | Feb 17, 2022 | $0.5 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Dec 2, 2021 | $0.5 | normal |
| Sep 23, 2021 | Oct 8, 2021 | Sep 10, 2021 | $0.5 | normal |
| Jun 24, 2021 | Jul 9, 2021 | Jun 10, 2021 | $0.5 | normal |
| Mar 25, 2021 | Apr 9, 2021 | Mar 12, 2021 | $0.18 | normal |
| Dec 23, 2020 | Jan 8, 2021 | Dec 2, 2020 | $0.18 | normal |
| Sep 24, 2020 | Oct 9, 2020 | Sep 11, 2020 | $0.09 | normal |
| Jun 25, 2020 | Jul 10, 2020 | Jun 11, 2020 | $0.09 | normal |
| Mar 26, 2020 | Apr 10, 2020 | Mar 13, 2020 | $0.09 | normal |
| Dec 26, 2019 | Jan 10, 2020 | Dec 5, 2019 | $0.09 | normal |
| Sep 26, 2019 | Oct 11, 2019 | Sep 13, 2019 | $0.06 | normal |
| Jun 27, 2019 | Jul 12, 2019 | Jun 14, 2019 | $0.06 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Mar 15, 2019 | $0.06 | normal |
| Dec 27, 2018 | Jan 11, 2019 | Dec 14, 2018 | $0.06 | normal |
| Sep 27, 2018 | Oct 12, 2018 | Sep 5, 2018 | $0.06 | normal |
| Jun 28, 2018 | Jul 13, 2018 | Jun 11, 2018 | $0.06 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Mar 14, 2018 | $0.06 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Nov 6, 2017 | $0.06 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Sep 15, 2017 | $0.06 | normal |
| Jun 28, 2017 | Jul 15, 2017 | May 23, 2017 | $0.06 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Feb 23, 2017 | $0.06 | normal |
| Dec 28, 2016 | Jan 16, 2017 | Nov 30, 2016 | $0.06 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Sep 6, 2016 | $0.06 | normal |
| Jun 28, 2016 | Jul 15, 2016 | May 12, 2016 | $0.06 | normal |
ALCO has a payout ratio of 93.9% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 53.4%, Alico's payout ratio is 76% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ALCO Alico Inc | 5.63% | $1.55 | 93.9% |
| BG Bunge LTD | 2.35% | $2.3 | 22.3% |
| LMNR Limoneira CO | 2.1% | $0.3 | N/A |
| FDP Fresh Del Monte Produce Inc | 2.08% | $0.6 | 41.7% |
Yes, Alico has been paying dividends for the last 28 years.
ALCO hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in March 2023.
Alico's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.05 per share.
On an annual basis ALCO pays $1.55 per share.
Currently Alico's dividend yield is 5.63%.
Alico pays dividends quarterly.
Alico's dividend payout ratio is 93.9%.
Alico's dividend yield is more than the Consumer Defensive sector average.