ALICO, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Alico, Inc. on October 5, 2005, regarding events occurring on September 30, 2005. Alico is an agribusiness company operating in Central and Southwest Florida with approximately 136,000 acres of real estate holdings. Its operations include citrus fruit production, cattle ranching, sugarcane, sod production, forestry, and land leasing for farming, grazing, recreation, and oil exploration.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The primary financial disclosure is the declaration of a quarterly dividend of $0.25 per share.
Material Changes
The material event reported is the Board of Directors' declaration of a quarterly dividend. This action is consistent with the Board's policy adopted at its Annual Meeting earlier in the year to pay regular quarterly dividends. No other material changes to operations or financial status are detailed in this specific report.
Guidance, Outlook, and Risks
Management commentary indicates the dividend is a continuation of the regular quarterly payment policy. The filing includes standard forward-looking statement disclaimers, noting that future expectations regarding prospects are predictive and subject to known and unknown risks that may cause actual results to differ materially. The company undertakes no obligation to update these statements.
Investor Verification Checklist
- Verify the record date for the dividend is December 31, 2005.
- Confirm the expected payment date is on or about January 15, 2006.
- Review the attached press release (Exhibit 99.1) for the full text of the announcement.
- Consult the company's most recent 10-K or 10-Q for detailed revenue, profit, and debt figures not included in this 8-K.