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.
Susan Kennedy, Chairman and CEO of Cadiz Inc. (NASDAQ: CDZI), Participates in Interview by The Wall Street Resource
Key Discussion Topics Include Cadiz’s Water Solutions Business, a Breakdown of Revenue Components and the Company’s Go-Forward Growth Strategy To listen to the interview,