Cadiz (NASDAQ:CDZIP) Trading Down 0.4%

Cadiz Inc. (NASDAQ:CDZIPGet Free Report) shares dropped 0.4% on Thursday . The stock traded as low as $14.26 and last traded at $14.44. Approximately 5,411 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 8,377 shares. The stock had previously closed at $14.50.

Cadiz Stock Down 0.4 %

The firm’s 50 day simple moving average is $12.86 and its two-hundred day simple moving average is $13.73.

Cadiz Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders 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 dividend yield of 15.23%. The ex-dividend date of this dividend was Wednesday, April 3rd.

Cadiz Company Profile

(Get Free Report)

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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