Limoneira declares a $0.08/share quarterly dividend on March 19th, with a payout ratio of 71.4%.

Limoneira (NASDAQ: LMNR) announced a quarterly dividend of $0.08 per share on March 19th, with shareholders of record on April 1st set to receive the dividend on April 12th. The dividend represents a $0.30 annualized payment and a dividend yield of 1.54%. The company has a payout ratio of 71.4%, with analysts expecting it to continue covering its annual dividend with a future payout ratio of 68.2%. Limoneira's stock traded up $0.06 during trading on March 19th, reaching $19.42.

March 26, 2024
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