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

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 given a dividend of 0.55 per share on Tuesday, April 15th. This represents a $2.20 annualized dividend and a dividend yield of 11.35%. The ex-dividend date is Friday, April 4th.

Cadiz Price Performance

CDZIP opened at $19.38 on Wednesday. The stock’s fifty day moving average is $18.59 and its 200-day moving average is $17.10. Cadiz has a one year low of $11.50 and a one year 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.