Limoneira Halts Dividend to Support Strategic Investments

MT Newswires Live

03/24

Limoneira (LMNR) said late Monday its board has paused regular dividends to fund strategic investments in avocado production expansion, organic recycling, and new housing.

The company also reiterated fiscal 2026 volume guidance of 4 million to 4.5 million lemon cartons and 5 million to 6 million pounds of avocados, and said it is tracking toward 10 million in annual selling, general and administrative savings.

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