Limoneira to pay dividend of 5 cents per share

Santa Paula agribusiness Limoneira declared a dividend of 5 cents per share March 24. The dividend will be paid April 15 to all common stockholders at the close of business April 4. Limoneira badly missed analyst estimates when it reported a first quarter net loss of $3.9 million, or 29 cents per share March 11. Read More →
Limoneira revenues fell, loss grew in first quarter

Santa Paula-based Limoneira reported a loss of about $4 million and revenues fell $3 million in first quarter earnings results the company released March 10. Revenues fell from $28 million during the first quarter of 2015 to $25 million in 2016. Net losses widened from $1.4 million in 2015 to $3.9 million in 2016. Losses Read More →

Growing mission: Veterans turn to farming

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Oxnard needs to get financial house in order

A Feb. 23 city council meeting in Oxnard underscores the fact that the region’s largest city still has some cleanup work to do after the financial scandal that engulfed the city several years ago. The accounting firm Eadie and Payne said that it needed until at least March 29 to prepare a schedule for the Read More →
Ventura County ag producers urged to build food-processing facilities

The Economic Development Collaborative of Ventura County is calling for the agriculture community to build food-processing facilities based on findings from a study it commissioned. The report, gathered by the Hatamiya Group and Applied Development Economics, estimated that the total additional revenue from crop processing would create thousands of jobs and double the value of Read More →