Cadiz Inc. (CDZIP) to Issue Quarterly Dividend of $0.56 on July 15th

Cadiz Inc. (NASDAQ:CDZIP) announced a quarterly dividend on Thursday, June 20th, Wall Street Journal reports. Stockholders of record on Friday, July 5th will be paid a dividend of 0.56 per share on Monday, July 15th. This represents a $2.24 annualized dividend and a dividend yield of 14.02%. The ex-dividend date is Friday, July 5th. This is an increase from Cadiz’s previous quarterly dividend of $0.55.

Cadiz Trading Down 0.1 %

Shares of CDZIP opened at $15.98 on Wednesday. Cadiz has a twelve month low of $11.50 and a twelve month high of $17.39. The business’s 50-day moving average price is $13.68 and its 200-day moving average price is $13.84.

About Cadiz

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.