Cadiz Inc. (CDZIP) to Issue Quarterly Dividend of $0.55 on October 15th

Cadiz Inc. (NASDAQ:CDZIP) announced a quarterly dividend on Friday, September 20th, Wall Street Journal reports. Stockholders of record on Friday, October 4th will be paid a dividend of 0.55 per share on Tuesday, October 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 14.33%. The ex-dividend date is Friday, October 4th.

Cadiz Trading Up 0.1 %

NASDAQ CDZIP opened at $15.35 on Wednesday. The stock has a fifty day simple moving average of $15.31 and a 200-day simple moving average of $14.39. Cadiz has a twelve month low of $11.50 and a twelve month high of $17.39.

Cadiz Company Profile

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.