Limoneira Declares Quarterly Dividend

Rhea-AI Summary

On September 28, 2021, Limoneira Company (NASDAQ: LMNR) declared a quarterly cash dividend of $0.075 per common share. This dividend is payable on October 22, 2021, to stockholders of record on October 11, 2021. Limoneira, a longstanding agribusiness based in Santa Paula, California, specializes in citrus production and holds extensive agricultural assets across California, Arizona, Chile, and Argentina. The company emphasizes sustainability and has a diversified portfolio in agriculture and real estate.

Positive

• Quarterly cash dividend of $0.075 per share indicates financial stability and shareholder return.
• Company's long history and diversified operations suggest resilience and reliability.

Negative

• None.

SANTA PAULA, Calif.--(BUSINESS WIRE)-- On September 28, 2021, 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 22, 2021, to stockholders of record on October 11, 2021.

About Limoneira Company

Limoneira Company, a 128-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 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210930005025/en/

Investors:

John Mills

Managing Partner

ICR 646-277-1254

Corporate Communications:

Michael Gonzales

Marketing Manager

Limoneria Company

805-525-5541 ext. 1069

Source: Limoneira Company

FAQ

What is the dividend amount declared by Limoneira Company on September 28, 2021?

Limoneira Company declared a quarterly cash dividend of $0.075 per common share.

When is Limoneira Company's dividend payment date?

The dividend is payable on October 22, 2021.

What is the record date for Limoneira Company's dividend?

The record date for the dividend is October 11, 2021.

How often does Limoneira Company declare dividends?

Limoneira Company typically declares dividends quarterly.

Is Limoneira Company's dividend sustainable?

While the announcement is positive, assessing sustainability requires reviewing the company's financial performance over time.