Limoneira Declares Quarterly Dividend

December 20, 2010

SANTA PAULA, Calif.--(BUSINESS WIRE)-- The Board of Directors of Limoneira Company (NASDAQ: LMNR), a leading agribusiness with prime agricultural land and operations, real estate and water rights throughout California, has declared a quarterly cash dividend of $0.03125 per common share payable on January 14, 2011, to stockholders of record on December 27, 2010.

About Limoneira Company

Limoneira Company, a 117-year old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (pronounced lē mon΄âra), is a dedicated sustainability company with approximately 7,300 acres of rich agricultural lands, real estate properties and water rights throughout California. The Company is a leading producer of lemons, avocados, oranges, and other specialty crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.

ICR
John Mills
Senior Managing Director
310.954.1105

Source: Limoneira Company

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