Limoneira Co. (LMNR) Announces Quarterly Dividend of $0.05
Limoneira (NASDAQ:LMNR) declared a quarterly dividend on Wednesday, June 25th, Analyst Ratings.Net reports. Investors of record on Monday, July 7th will be given a dividend of 0.045 per share on Tuesday, July 15th. This represents a $0.18 dividend on an annualized basis and a yield of 0.80%.
Limoneira (NASDAQ:LMNR) traded down 1.24% during mid-day trading on Wednesday, hitting $22.22. The stock had a trading volume of 41,822 shares. Limoneira has a 1-year low of $19.08 and a 1-year high of $27.41. The stock’s 50-day moving average is $22.53 and its 200-day moving average is $22.82. The company has a market cap of $312.2 million and a price-to-earnings ratio of 51.25.
Limoneira (NASDAQ:LMNR) last announced its earnings results on Monday, June 9th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.04. During the same quarter last year, the company posted $0.19 earnings per share. On average, analysts predict that Limoneira will post $0.48 earnings per share for the current fiscal year.
Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production, sales and marketing, real estate development and capital investment activities.
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