ALICO, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Alico, Inc. on December 5, 2016. The report discloses corporate actions taken by the Board of Directors regarding shareholder dividends and the scheduling of the Annual Meeting of Shareholders.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed is the declaration of a cash dividend of $0.06 per share on outstanding common stock.
Material Changes and Corporate Actions
- Dividend Declaration: The Board declared a cash dividend of $0.06 per share.
- Dividend Dates: The record date is December 30, 2016, with payment expected on January 16, 2017.
- Annual Meeting: The record date for voting at the Annual Meeting is set for December 30, 2016. The meeting is scheduled for February 23, 2017, at 9:30 A.M. at the offices of Wachtell, Lipton, Rosen & Katz in New York, NY.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is strictly a notification of the dividend declaration and meeting logistics.
Investor Verification Checklist
- Verify share ownership status as of the December 30, 2016 record date to confirm eligibility for the $0.06 dividend.
- Confirm the payment date of January 16, 2017, for dividend receipt.
- Review the proxy statement (when available) for details regarding the Annual Meeting agenda on February 23, 2017.