5 unchanged sentences
The declaration and amount of any actual cash dividend are in the sole discretion of our Board of Directors and are subject to numerous factors that ordinarily affect dividend policy, including the results of our operations and financial position, as well as general economic and business conditions.
−Removed: The following table presents cash dividends per share of our common stock declared in fiscal years ended September 30, 2020, 2019 and 2018:
−Removed: Declaration Date
−Removed: Per Common Share
−Removed: November 6, 2017
−Removed: December 29, 2017
−Removed: January 16, 2018
−Removed: March 14, 2018
−Removed: March 30, 2018
−Removed: April 13, 2018
−Removed: June 11, 2018
−Removed: June 29, 2018
−Removed: July 13, 2018
−Removed: September 4, 2018
−Removed: September 28, 2018
−Removed: October 12, 2018
−Removed: December 14, 2018
−Removed: December 28, 2018
−Removed: January 11, 2019
−Removed: March 15, 2019
−Removed: March 29, 2019
−Removed: April 12, 2019
−Removed: June 14, 2019
−Removed: June 28, 2019
−Removed: July 12, 2019
−Removed: September 13, 2019
−Removed: September 27, 2019
−Removed: October 11, 2019
−Removed: December 5, 2019
−Removed: December 27, 2019
−Removed: January 10, 2020
−Removed: March 13, 2020
−Removed: March 27, 2020
−Removed: April 10, 2020
−Removed: June 11, 2020
−Removed: June 26, 2020
−Removed: July 10, 2020
−Removed: September 11, 2020
−Removed: September 25, 2020
−Removed: October 9, 2020
+Added: The Board of Directors approved the increase of our annual dividend to $2.00 per common share in June 2021.
+Added: The Board of Directors approved the increase of our annual dividend to $0.72 per common share in December 2020.
+Added: The Board of Directors approved the increase of our annual dividend to $0.36 per common share in December 2019.
Stock Performance Graph
12 unchanged sentences
Because repurchases under the Plan are subject to certain pricing parameters, there is no guarantee as to the exact number of common shares that will be repurchased under the Plan or that there will be any repurchases pursuant to the Plan.
−Removed: Total number of shares (or units) purchased (1)
−Removed: Average price paid per share (or unit)
−Removed: Total number of shares (or units) purchased as part of publicly announced plans or programs
−Removed: Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs
−Removed: 10/01/2019 - 10/31/2019
−Removed: On October 10, 2019, the Board of Directors authorized the repurchase of up to 7,000 shares of the Company's common stock from 734 Investors in a privately negotiated repurchase of shares.
−Removed: The Company entered into a repurchase agreement with 734 Investors to repurchase 7,000 shares of the Company's common stock on October 15, 2019.
−Removed: Selected Financial Data
−Removed: The following tables present selected historical consolidated financial information as of and for each of the fiscal years in the five-year period ended September 30, 2020.
−Removed: The Consolidated Financial Statements as of and for the fiscal years ended September 30, 2020, 2019, 2018, 2017 and 2016.
−Removed: The selected historical financial data presented below should be reviewed in conjunction with our Consolidated Financial Statements and the accompanying Notes thereto, included elsewhere in this Annual Report on Form 10-K.
−Removed: (in thousands, except per share amounts)
−Removed: September 30,
−Removed: Selected Statements of Operations Information:
−Removed: Operating revenues
−Removed: Income (loss) from operations
−Removed: Net income (loss) attributable to common stockholders
−Removed: Basic earnings (loss) per common share
−Removed: Diluted earnings (loss) per common share
−Removed: Cash dividends declared per common share
−Removed: Selected Balance Sheet Information:
−Removed: Cash and cash equivalents and restricted cash
−Removed: Property and equipment, net
−Removed: Current portion of long-term debt
−Removed: Long-term debt, net of current portion
−Removed: Total Alico, Inc.
−Removed: stockholders' equity
−Removed: Noncontrolling interest
−Removed: For the fiscal year ended September 30, 2016, net income includes the gain on sale of assets of approximately $618,000 related to the sale of real estate and approximately $9,893,000 of interest expense.
−Removed: For the fiscal year ended September 30, 2017, net loss includes inventory casualty loss and net realizable adjustment of approximately $14,688,000 as a result of Hurricane Irma, additional asset impairments of long-lived assets of approximately $9,346,000, and interest expense of approximately $9,141,000.
−Removed: The net loss was partially offset by a gain on sale of assets of approximately $2,181,000.
−Removed: For the fiscal year ended September 30, 2018, net income includes the gain on sale of assets of approximately $11,041,000 related to the sale of real estate, property and equipment and assets held for sale, and insurance proceeds received in the amount of approximately $9,429,000 relating to damages from Hurricane Irma.
−Removed: Net income also includes a one-time non-cash deferred income tax benefit of approximately $9,847,000, which resulted from the remeasurement of the Company's net deferred tax liabilities due to the 21% corporate tax rate that was enacted December 22, 2017, and the expiration of a capital loss carryforward, which expired at September 30, 2018, of approximately $5,634,000, resulting in an additional income tax expense.
−Removed: Additionally, net income includes approximately $8,561,000 of interest expense and $3,349,000 of impairments relating to net realizable adjustment on inventory and long-lived assets.
−Removed: For the fiscal year ended September 30, 2019, net income includes a gain on sale of assets of approximately $13,166,000 related to the sale of real estate, property and equipment and assets held for sale.
−Removed: Net income also includes insurance proceeds received of approximately $486,000 in additional property and casualty claims reimbursement relating to Hurricane Irma and federal relief proceeds of approximately $15,597,000 under the Florida Citrus Recovery Block Grant (“CRBG”) program relating to Hurricane Irma.
−Removed: Additionally, net income includes approximately $7,180,000 of interest expense and $1,204,000 relating to net realizable adjustment on inventory and impairments of long-lived assets.
−Removed: For the fiscal year ended September 30, 2020, net income includes a gain on sale of assets of approximately $30,424,000 related to the sale of real estate, property and equipment and assets held for sale.
−Removed: Net income also includes federal relief proceeds of approximately $4,629,000 under the Florida CRBG program relating to Hurricane Irma.
−Removed: Additionally, net income includes approximately $5,981,000 of interest expense and $1,321,000 relating to impairments of long-lived assets.
+Added: We did not repurchase any of our common stock under our Plan during the year ended September 30, 2021.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.