Limoneira Company Announces Significant Quarterly Dividend
Limoneira Company Declares Quarterly Cash Dividend
On a recent date in September, the Board of Directors of Limoneira Company (NASDAQ: LMNR) made a notable announcement regarding its financial strategy. The company, well-known for its diverse operations in growing, packing, and marketing citrus products, declared a quarterly cash dividend of $0.075 per common share. This dividend is set to be paid to stockholders of record on a specific upcoming date in October.
Overview of Limoneira Company
Limoneira Company is an esteemed agribusiness that has a rich history spanning over 130 years. With its headquarters in California, the organization has made remarkable strides to become one of the leading integrated agribusiness firms globally. The company focuses on sustainability and operates over 10,500 acres of prime agricultural lands, along with real estate properties and water rights across multiple regions including California, Arizona, Chile, and Argentina.
Commitment to Sustainability and Innovation
Limoneira is recognized for its commitment to sustainable practices in agriculture. The company produces various types of crops, predominantly lemons and avocados, which have gained immense popularity in international markets. By emphasizing innovative farming practices and sustainable methods, Limoneira plays a vital role in ensuring high-quality produce that meets consumer demands.
Shareholder Value and Community Engagement
Declaring dividends is an essential part of Limoneira’s commitment to enhancing shareholder value. The recent dividend announcement reflects the company's consistent performance and strategic approach to managing its finances. Limoneira not only focuses on financial profitability but also emphasizes community engagement, making substantial efforts to contribute positively to the local communities surrounding its operations.
Future Prospects for Limoneira Company
Looking ahead, Limoneira aims to maintain its growth trajectory by leveraging its extensive agricultural resources and adapting to market demands. The company is poised to explore new avenues for expansion and continues to invest in innovative technologies to improve productivity and sustainability. This forward-thinking approach positions Limoneira as a competitive player in the agribusiness sector.
Connect with Limoneira Company
For those interested in learning more about Limoneira and its commitment to quality and sustainability, the company provides detailed resources and insights on its official website. Experienced leadership and a rich heritage in agribusiness place Limoneira in a strong position for future success.
Frequently Asked Questions
What is the amount of the declared dividend by Limoneira Company?
Limoneira Company declared a quarterly dividend of $0.075 per share.
When is the dividend payable to shareholders?
The dividend is payable on a specific date in October.
What type of business is Limoneira Company involved in?
Limoneira Company is engaged in the agribusiness sector, primarily focusing on growing, packing, and selling citrus fruits.
How long has Limoneira been in operation?
Limoneira Company has been in operation for over 131 years.
Where is Limoneira Company headquartered?
Limoneira Company is headquartered in California.
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