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

Cadiz Inc. (NASDAQ:CDZIP) declared a quarterly dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Friday, April 4th will be paid a dividend of 0.55 per share on Tuesday, April 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 11.35%. The ex-dividend date is Friday, April 4th.

Cadiz Trading Up 2.0 %

Shares of NASDAQ CDZIP opened at $19.38 on Wednesday. The stock has a fifty day moving average price of $18.59 and a 200 day moving average price of $17.10. Cadiz has a 12-month low of $11.50 and a 12-month high of $19.60.

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.