Limoneira announces cash dividend
Agribusiness and real estate company Limoneira, based in Santa Paula, announced a quarterly cash dividend for its shareholders June 27. On July 18, the company will pay 5.5 cents per common share to stockholders of record as of July 10. • Contact Marissa Nall at mnall@pacbiztimes.com.
Read More →Limoneira reports nearly triple net income for second quarter
Limoneira nearly tripled its second quarter net income compared to last year, with revenues that climbed to $35.4 million. Net income came to $3.54 million during the quarter ended April 30, compared to $1.22 million for the second quarter of 2016. Earnings per share rose to 24 cents, up from 8 cents for the same Read More →
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Shares of Santa Paula-based Calavo Growers soared on June 6 after the company reported record sales and earnings for the second quarter of its fiscal year. Calavo shares jumped $4 and closed at $73.05 on average trading volume, a 5.8 percent gain for the day which made it the 20th biggest gainer on Nasdaq. The Read More →
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Sales tax increase could backfire
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Read More →Dubroff: Trump boosts prospects for Cadiz desert water project
A desert water project that could supply as many as 400,000 Californians per year is moving through the final approval process with favorable political winds finally at its back and a substantial financial backer in place. Publicly traded Cadiz, the project’s owner, cleared another hurdle on May 2 when it lined up $15 million in Read More →
Read More →Avocado prices at record high because of shortage in Mexico
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Read More →Limoneira shareholders approve request to increase number of shares
Limoneira shareholders approved a board of directors request to increase its number of authorized shares March 28, but the company has no plans to issue additional stock this year, said CEO Harold Edwards. More than 100 shareholders gathered at the Ventura County Agriculture Museum in Santa Paula for the annual meeting to confirm three new Read More →
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