Cadiz Inc. (NASDAQ:CDZIP – Get Free Report)’s stock price was down 0.1% on Monday . The stock traded as low as $19.55 and last traded at $19.58. Approximately 16,514 shares traded hands during trading, an increase of 97% from the average daily volume of 8,368 shares. The stock had previously closed at $19.60.
Cadiz Stock Down 0.1%
The firm’s 50 day moving average is $19.53 and its 200-day moving average is $18.47.
Cadiz Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Saturday, October 4th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 11.2%.
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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