Cadiz Inc. (CDZIP) To Go Ex-Dividend on July 2nd

Cadiz Inc. (NASDAQ:CDZIP) declared a quarterly dividend on Friday, June 19th. Investors of record on Thursday, July 2nd will be paid a dividend of 0.55 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date of this dividend is Thursday, July 2nd.

Cadiz Trading Down 0.1%

Shares of CDZIP opened at $22.72 on Tuesday. The firm has a fifty day simple moving average of $21.35 and a two-hundred day simple moving average of $20.13. Cadiz has a 1-year low of $16.90 and a 1-year high of $24.78.

Cadiz Company Profile

Cadiz, Inc (NASDAQ: CDZIP) is a land and water resource management company focused on developing sustainable water supply solutions in Southern California. The company holds approximately 36,000 acres of desert land in the Mojave Basin, where it has pursued the Cadiz Water Project—a plan to capture and convey groundwater to regional municipal and industrial customers. Cadiz oversees the permitting, design, and construction of conveyance infrastructure, including an engineered pipeline and pumping stations.

In addition to its water development activities, Cadiz operates agricultural ventures on its desert holdings, growing crops such as alfalfa while restoring degraded soils and maintaining native habitat.