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Limoneira (LMNR) Stock News, Mar-Aug 2023

LMNR Nasdaq

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.

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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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FAQ

What is the current stock price of Limoneira (LMNR)?

Limoneira (LMNR) last closed at $12.05.

What is the market cap of Limoneira (LMNR)?

The market cap of Limoneira (LMNR) is approximately $218.5M.