Cadiz Inc. Declares Quarterly Dividend for Q4 2023 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES, Dec. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI, NASDAQ: CDZIP) (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 $560.00 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 $0.56 per depositary share.

The dividend will be paid on January 15, 2024 to respective holders of record as of the close of business on January 4, 2024.

Read more at prnewswire.com