Limoneira Company reports developments across a diversified agribusiness built around lemon and avocado growing, lemon packing, related crop marketing, and real estate development operations. News commonly covers quarterly and annual results, lemon and avocado volume guidance, cost and operating initiatives, dividend actions, and the company’s use of agricultural land, water assets, and non-strategic real estate.
Company updates also include avocado acreage expansion, lemon packing partnerships, the Agromin-Limoneira organics recycling joint venture, housing-related real estate activity, and governance or finance leadership matters. These recurring items connect Limoneira’s crop production and packing economics with asset monetization and capital allocation decisions.
Limoneira Company (Nasdaq: LMNR), a leader in the citrus agribusiness sector, will participate in a virtual fireside chat at the Stephens Annual Investment Conference from November 17-19, 2020. The chat, featuring CEO Harold Edwards and CFO Mark Palamountain, is scheduled for November 19 at 8:00 a.m. PT. It will be webcast live, with access available on the company's website under the 'Investor' tab. Founded 126 years ago, Limoneira operates on 15,400 acres across California, Arizona, Chile, and Argentina, producing a variety of crops including lemons and avocados.
Limoneira Company (LMNR) announced the addition of two new board members, Jesus Loza and Amy Fukutomi, to enhance its leadership. Loza, an experienced agribusiness professional, founded Freska Produce and has extensive knowledge of the industry. Fukutomi brings her background from Amgen and her leadership at Oxnard Lemon Company, which Limoneira acquired in 2018. The board's expansion aims to leverage their expertise in agriculture and corporate governance, potentially guiding Limoneira in strategic growth and operations.
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.