Limoneira to Keep Dividend Steady
The quarterly dividend for Limoneira Company is staying steady this quarter at $0.0375. This is the same amount the citrus company has paid investors since October 2012, after boosting its quarterly payout 19.8% from $0.0313 per share. Annualized, Limoneira's most recent payout adds up to $0.15.
Limoneira will make its latest dividend amount payable on Oct. 15 for shareholders of record as of Oct. 7. The agribusiness's stock was trading at a price of $25.71 per share as of the market's close on Sept. 25, which makes its dividend yield approximately 0.5%.
The article Limoneira to Keep Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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