Limoneira Company(NASDAQ:LMNR) Declares Dividend of $0.0500.

Limoneira Company (NASDAQ:LMNR) had declared a cash dividend of $0.0500 on Sep 23, 2016. The shares will quote ex-dividend on Sep 29, 2016 and the record date has been fixed for Oct 3, 2016. On Sep 23, 2016 share price, the yield comes out to be 1.0543%. The dividend payable date has been fixed on Oct 17, 2016.

Limoneira Company (LMNR) made into the market gainers list on Tuesdays trading session with the shares advancing 0.21% or 0.04 points. Due to strong positive momentum, the stock ended at $18.83, which is also near the day’s high of $18.96. The stock began the session at $18.96 and the volume stood at 10,300 shares. The 52-week high of the shares is $19.1 and the 52 week low is $11.3. The company has a current market capitalization of $267 M and it has 1,41,78,226 shares in outstanding.

Limoneira Company(LMNR) last announced its earnings results on Sep 8, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $39.90M. Analysts had an estimated revenue of $37.69M. Earnings per share were $0.57. Analysts had estimated an EPS of $0.62.

Several Insider Transactions has been reported to the SEC. On Apr 14, 2016, John W Blanchard (director) sold 791 shares at $15.25 per share price.Also, On Apr 11, 2016, John W.h. Merriman (director) sold 2,338 shares at $14.79 per share price.On Sep 22, 2015, Joseph D Rumley (CFO) purchased 300 shares at $16.48 per share price, according to the Form-4 filing with the securities and exchange commission.

Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production sales and marketing rental operations real estate development and capital investment activities. The Company has three business segments: agribusiness rental operations and real estate development. The agribusiness segment includes its farming and lemon packing and sales operations. The rental operations segment includes its residential and commercial rentals leased land operations and organic recycling. The real estate development segment includes its real estate projects and development. In addition to growing lemons and avocados the Company also grows oranges and a variety of specialty citrus and other crops. It also operates its own packinghouse in Santa Paula California and Yuma Arizona where it processes packs and sells lemons it grows as well as lemons grown by others.

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