Cadiz Inc. (NASDAQ:CDZIP) Plans Quarterly Dividend of $0.55

Cadiz Inc. (NASDAQ:CDZIP) declared a quarterly dividend on Monday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, April 4th will be given a dividend of 0.55 per share on Monday, April 15th. This represents a $2.20 annualized dividend and a dividend yield of 15.70%. The ex-dividend date is Wednesday, April 3rd.

Cadiz Price Performance

CDZIP stock traded up $0.03 during midday trading on Tuesday, hitting $14.01. 1,454 shares of the company’s stock were exchanged, compared to its average volume of 7,149. The business has a 50-day simple moving average of $13.87 and a two-hundred day simple moving average of $14.72. Cadiz has a 1-year low of $12.75 and a 1-year high of $17.97.

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 Treatment Business segments. It offers clean water solutions, such as water supply, including for agriculture and off-property uses; and water storage, conveyance, and treatment solutions.