Shares of Cadiz Inc. (NASDAQ:CDZIP – Get Free Report) rose 0.2% during trading on Monday . The stock traded as high as $18.95 and last traded at $18.93. Approximately 3,968 shares were traded during trading, a decline of 55% from the average daily volume of 8,855 shares. The stock had previously closed at $18.90.
Cadiz Price Performance
The firm’s 50 day moving average price is $18.52 and its two-hundred day moving average price is $16.97.
Cadiz Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, April 4th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $2.20 annualized dividend and a dividend yield of 11.65%.
Cadiz Company Profile
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.
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