Shares of Cadiz Inc. (NASDAQ:CDZIP – Get Free Report) traded up 1.7% on Monday . The company traded as high as $18.50 and last traded at $18.40. 22,063 shares were traded during mid-day trading, a decline of 28% from the average session volume of 30,678 shares. The stock had previously closed at $18.10.
Cadiz Stock Down 1.3 %
The company has a 50 day moving average price of $17.09 and a 200-day moving average price of $15.98.
Cadiz Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 12.44%. The ex-dividend date was Friday, January 3rd. This is a boost from Cadiz’s previous quarterly dividend of $0.55.
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.
See Also
- Five stocks we like better than Cadiz
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Oracle Announces Game-Changing News for the AI Industry
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- What Are Dividend Achievers? An Introduction
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.
