On September 8, 2026, the Board of Directors declared a quarterly cash dividend of $0.05 per share on Alico's outstanding common stock. The dividend is payable to shareholders of record as of October 2, 2026, with payment expected on October 16, 2026. This represents a routine periodic distribution rather than a special or extraordinary payout. Alico, Inc. operates in the agriculture and real estate industries, primarily managing citrus groves and land development projects in Florida.

Alico, Inc. reported financial results for the third quarter ended June 30, 2026, posting net income of $2.1 million ($0.29 per diluted share) compared to a loss of $18.3 million in the prior year period. Revenue increased 7.7% to $9.0 million, driven by land management operations as citrus production winds down. The company raised its fiscal year 2026 Adjusted EBITDA guidance to approximately $15 million and projects ending cash of $48 million with net debt of $37 million. Alico completed a $10.0 million share repurchase program, buying back roughly 245,000 shares, and acquired the remaining 49% interest in its Citree joint venture for $2.0 million plus assumed debt. Additionally, the Corkscrew Grove East Village development advanced to state and federal permitting stages following local approval. Alico operates as a Florida-based land management and agribusiness company focused on strategic land development and agricultural operations.

Alico, Inc. entered into a third amended and restated employment agreement with President and CEO John Kiernan, effective July 14, 2026. The agreement extends Mr. Kiernan's term through September 30, 2030, with an initial annual base salary of $550,000 increasing by $25,000 annually up to $650,000. The contract includes an updated bonus structure featuring an annual discretionary performance bonus of up to $250,000 and real estate incentive awards. Additionally, Mr. Kiernan was granted performance-based restricted stock units (PSUs) for up to 160,000 shares, contingent on achieving 60-day volume-weighted average price targets between $40 and $110 per share. Alico, Inc. is an agribusiness company focused on citrus production and real estate management.

Alico, Inc. entered into an Agricultural Lease Agreement with United States Sugar Corporation on June 18, 2026, for approximately 3,280 acres of real property in Hendry County, Florida. The lease term begins July 1, 2026, and expires June 30, 2027, with a ten-year extension option. The agreement includes a $29,520,000 purchase option for U.S. Sugar to acquire the property by June 30, 2029, priced at $9,000 per acre. Alico, Inc. operates in the agriculture industry, managing and developing land for agricultural production.

Alico, Inc. declared a third quarter fiscal 2026 cash dividend of $0.05 per share on its outstanding common stock. The dividend is payable to shareholders of record as of July 2, 2026, with payment expected on July 16, 2026. Alico, Inc. is an agricultural company focused on managing citrus and other land-based assets.