Cadiz Inc. (NASDAQ:CDZIP – Get Free Report) announced a quarterly dividend on Monday, June 22nd. Stockholders of record on Thursday, July 2nd will be given a dividend of 0.55 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Thursday, July 2nd.
Cadiz Price Performance
CDZIP stock opened at $23.28 on Tuesday. Cadiz has a one year low of $16.80 and a one year high of $24.78. The company’s fifty day moving average price is $21.01 and its 200-day moving average price is $20.01.
About Cadiz
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.
Further Reading
- Five stocks we like better than Cadiz
- Copa Holdings May Be the Airline Stock Built to Break Out
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.
