Limoneira Raises Quarterly Dividend

December 18, 2015

SANTA PAULA, Calif.--(BUSINESS WIRE)-- On December 15, 2015, the Board of Directors of Limoneira Company (NASDAQ: LMNR), a leading agribusiness with prime agricultural land and operations, real estate and water rights in California and Arizona, declared a quarterly cash dividend of $0.05 per common share payable on January 15, 2016, to stockholders of record on December 28, 2015. This represents an 11% increase compared to the Company's previous quarterly dividend of $0.045 per common share.

About Limoneira Company

Limoneira Company, a 120-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 10,700 acres of rich agricultural lands, real estate properties and water rights in California and Arizona. The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.

Investor Contact:
ICR
John Mills
Partner
646-277-1254

Source: Limoneira Company

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