Cadiz Inc. (NASDAQ:CDZIP – Get Free Report) fell 0.3% on Tuesday . The company traded as low as $18.65 and last traded at $18.73. 2,543 shares were traded during mid-day trading, a decline of 86% from the average session volume of 18,157 shares. The stock had previously closed at $18.78.
Cadiz Price Performance
The company’s 50-day moving average is $17.70 and its 200-day moving average is $16.27.
Cadiz Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, January 3rd were issued a $0.56 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This is a boost from Cadiz’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a dividend yield of 11.96%.
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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