Los Angeles, California (09.22.23) – Cadiz, Inc. (NASDAQ: CDZI/CDZIP) (“Cadiz,” the “Company”) today announced that its Board of Directors has declared the following cash dividend on Cadiz’s 8.875% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”).
Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary share.
The dividend will be paid on October 16, 2023 to respective holders of record as of the close of business on October 4, 2023.
Cadiz Turns To Tribes to Fund Project
As downtown-based water infrastructure company Cadiz Inc. is well into the third decade of its pursuit of a massive water storage and transfer project in
January 31, 2025