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October 29, 2009
Consolidated-Tomoka Land Co. Declares Dividend
DAYTONA BEACH, FL. -- At its regular Board of Directors’ meeting on October 28, 2009, Consolidated-Tomoka Land Co. (NYSE Amex-CTO) declared a dividend of $.05 per share payable on November 30, 2009, to shareholders of record on November 12, 2009. (Full Story)
October 21, 2009
Consolidated Tomoka Reports Third Quarter Earnings
DAYTONA BEACH, FLORIDA - Consolidated-Tomoka Land Co. (NYSE Amex-CTO) today reported net income of $209,662 or $.04 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $952,783 or $.17 per share for the quarter ended September 30, 2009. (Full Story)
July 24, 2009
Consolidated Tomoka Announces Action in Response to Shareholder Proposals
DAYTONA BEACH, FLORIDA (July 24, 2009) – Consolidated-Tomoka Land Co. (NYSE AMEX-CTO) (the “Company”) announced today that at a meeting of the Company’s Board of Directors held on July 22, 2009, the Board intends to submit to shareholders binding proposals to amend the Company’s Articles of Incorporation at the Company’s 2010 Annual Meeting of Shareholders to declassify the Board and to limit the number of directors on the Board to eleven. The Board also determined that in addition to its recent election of an independent chairman it will amend the charter of the Governance Committee to adopt an independent board chairman policy. (Full Story)
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