Limoneira Declares Quarterly Dividend

Rhea-AI Summary

On September 29, 2020, Limoneira Company (Nasdaq: LMNR) announced a quarterly cash dividend of $0.075 per common share, to be paid on October 23, 2020, to stockholders of record by October 12, 2020. The company is a leading producer in the agribusiness sector, with operations across California, Arizona, Chile, and Argentina, covering 15,400 acres of agricultural land. Limoneira specializes in lemons, avocados, and other citrus products, focusing on sustainability and integrated agribusiness practices.

Positive

• Declared quarterly cash dividend of $0.075 per share.
• Demonstrates company’s continued commitment to returning value to shareholders.

Negative

• None.

SANTA PAULA, Calif.--(BUSINESS WIRE)--On September 29, 2020, the Board of Directors of Limoneira Company (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, declared a quarterly cash dividend of $0.075 per common share payable on October 23, 2020, to stockholders of record on October 12, 2020.

About Limoneira Company

Limoneira Company, a 126-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (pronounced lē mon´âra) is a dedicated sustainability company with 15,400 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, Chile and Argentina. The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.