Cadiz, Inc. Declares Quarterly Dividend for Q4 2024

LOS ANGELES, Dec. 24, 2024 /PRNewswire/ — Cadiz, Inc. CDZI, a water solutions provider based in California, has announced the declaration of a cash dividend for shareholders of its 8.875% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”).

Each holder of the Series A Preferred Stock will receive a cash dividend of $560.00 for every whole share they own. Additionally, holders of depositary shares, each representing a 1/1000 fractional interest in a Series A Preferred Stock CDZIP, will get a dividend of $0.56 per depositary share.

This dividend is set to be paid on January 15, 2025, to shareholders recorded by the close of business on January 3, 2025.

About Cadiz, Inc.
Founded in 1983, Cadiz, Inc. CDZI operates in California with a mission to ensure access to clean and reliable water. Their resources include 45,000 acres of land and the ability to supply 2.5 million acre-feet of water. Cadiz employs 220 miles of pipeline and advanced water treatment technologies to combat the effects of climate change on water access.

To learn more, visit https://www.cadizinc.com. 

Safe Harbor Statement
This release contains “forward-looking statements,” as defined by the Securities Acts. Such statements describe expectations or plans and are often marked by terms like “anticipates,” “plans,” or “will.” However, these projections are subject to various risks that could affect actual results. For detailed risks, see our filings with the SEC, including the Annual Report on Form 10-K for the year ended December 31, 2023.

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SOURCE Cadiz, Inc.