Cadiz Inc. (NASDAQ:CDZIP – Get Free Report) was up 1.4% during trading on Tuesday . The company traded as high as $12.50 and last traded at $12.50. Approximately 1,460 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 7,721 shares. The stock had previously closed at $12.33.
Cadiz Price Performance
The company’s 50-day moving average is $13.36 and its 200 day moving average is $14.11.
Cadiz Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, April 4th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 17.60%. The ex-dividend date of this dividend was Wednesday, April 3rd.
About Cadiz
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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