Limoneira Declares Quarterly Dividend

Rhea-AI Summary

On March 21, 2023, Limoneira Company (Nasdaq: LMNR) declared a quarterly cash dividend of $0.075 per common share. This dividend is payable on April 14, 2023, to stockholders of record on April 4, 2023. Founded over 130 years ago and headquartered in Santa Paula, California, Limoneira is recognized as a premier integrated agribusiness with 11,800 acres of agricultural land across California, Arizona, Chile, and Argentina. The company specializes in the production of lemons, avocados, oranges, and specialty citrus products.

Positive

• Declaration of a quarterly cash dividend of $0.075 per share.
• Dividend payment date set for April 14, 2023, enhancing shareholder returns.
• Long-standing history of 130 years in the agribusiness sector, indicating stability.

Negative

• None.

SANTA PAULA, Calif.--(BUSINESS WIRE)-- On March 21, 2023, 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 April 14, 2023, to stockholders of record on April 4, 2023.

About Limoneira Company

Limoneira Company, a 130-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (lē moñ âra) is a dedicated sustainability company with 11,800 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230322005207/en/

Investors:

John Mills

Managing Partner

ICR 646-277-1254

Source: Limoneira Company

FAQ

What is the dividend amount for Limoneira Company?

The dividend amount declared by Limoneira Company is $0.075 per common share.

When will Limoneira Company pay its dividend?

The dividend will be paid on April 14, 2023.

Who is eligible to receive the dividend from Limoneira Company?

Stockholders of record on April 4, 2023, are eligible to receive the dividend.

How often does Limoneira Company declare dividends?

Limoneira Company typically declares dividends quarterly, as evidenced by their latest announcement.