Welcome to our dedicated page for Limoneira Co news (Ticker: LMNR), a resource for investors and traders seeking the latest updates and insights on Limoneira Co stock.
Limoneira Co (NASDAQ: LMNR) generates a steady flow of news as an international agribusiness focused on citrus and avocado production, lemon packing and real estate development. Company announcements describe Limoneira as a 132-year-old integrated agribusiness headquartered in Santa Paula, California, with agricultural lands, real estate properties and water rights in California, Arizona, Chile and Argentina. News coverage of LMNR often centers on how these assets support its strategy of growing agriculture income and monetizing land and water holdings.
Investors following Limoneira’s news can expect regular earnings releases that detail agribusiness performance, including fresh packed lemon sales, brokered lemon and other lemon revenue, avocado volumes and pricing, orange revenue and specialty citrus, wine grape and other agribusiness results. These reports also discuss operating income or loss, non-GAAP metrics and segment trends, providing insight into how crop yields, pricing and costs affect overall results.
Beyond quarterly and annual results, Limoneira issues news about strategic initiatives such as expanding avocado production, transitioning fresh citrus sales and marketing to Sunkist Growers, Inc., and streamlining operations. Press releases also highlight real estate developments like Harvest at Limoneira, including lot sales, phase completions and increased residential entitlements, as well as plans to explore housing development on the Limco Del Mar Ranch to address regional housing needs.
Additional news items cover land and water transactions, including sales of non-strategic land assets and water pumping rights, and the sale of Chilean ranches while retaining a stake in a Chilean citrus packing and marketing business. Dividend declarations, lending agreements and modifications, and governance or compensation updates disclosed via Form 8-K are also reflected in Limoneira’s news flow. For a comprehensive view of LMNR, readers can use this news page to track how operational performance, asset monetization and financing decisions evolve over time.
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.
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