Cadiz Declares Quarterly Dividend for Q2 2022 on Series A Cumulative Perpetual Preferred Stock
Cadiz is a publicly-held natural resources company that owns 70 square miles of property and water resources in Southern California. Our mission is to support communities that lack reliable access to clean, affordable water needed for economic growth and an equitable quality of life by improving California’s water transportation network and delivering sustainable water supply and storage solutions while cultivating sustainable farming opportunities.
Cadiz, Water, Agriculture, Sustainable Farming, Cadiz Water Project, Water Resources, Southern California, Hemp
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Cadiz Declares Quarterly Dividend for Q2 2022 on Series A Cumulative Perpetual Preferred Stock

Cadiz Declares Quarterly Dividend for Q2 2022 on Series A Cumulative Perpetual Preferred Stock

LOS ANGELES, June 21, 2022 — Cadiz Inc. (“the Company”, NASDAQ: CDZI/CDZIP), a California business dedicated to sustainable water and agricultural projects, today announced that its Board of Directors has declared the following cash dividend on Cadiz’s 8.875% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”).

Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.

Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP), will receive a cash dividend equal to approximately $0.56 per depositary share.

The dividend will be paid on July 15, 2022 to respective holders of record as of the close of business on July 1, 2022.

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