Cadiz Inc. Declares Quarterly Dividend for Q1 2026 on Series A Cumulative Perpetual Preferred Stock
Rhea-AI Summary
Cadiz (NASDAQ: CDZI / CDZIP) declared a cash dividend on its 8.875% Series A Cumulative Perpetual Preferred Stock: $560.00 per whole share (or $0.56 per depositary share).
The dividend is payable on April 15, 2026 to holders of record at the close of business on April 3, 2026. The company described its water assets and operations and included a standard safe-harbor forward-looking statement.
Positive
- Declared cash dividend of $560.00 per whole Series A preferred share
- Declared cash dividend of $0.56 per depositary share (CDZIP)
- Dividend payable on April 15, 2026 to record holders as of April 3, 2026
Negative
- None.
News Market Reaction – CDZIP
In the Mar 25 session, CDZIP gained 1.24%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Holders of Series A Preferred Stock will receive a cash dividend equal to
The dividend will be paid on April 15, 2026, to applicable holders of record as of the close of business on April 3, 2026.
About Cadiz, Inc.
Founded in 1983, Cadiz, Inc. (NASDAQ: CDZI) is a
For more information, please visit https://www.cadizinc.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "anticipates", "expect", "may", "plan", or "will". Forward-looking statements include, without limitation, projections, predictions, expectations, or beliefs about future events or results and are not statements of historical fact, including statements regarding the Company's expectations regarding payments of dividends in the future. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements. These and other risks are identified in our filings with the Securities and Exchange Commission (the "Commission"), including without limitation our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Reports on Form 10-Q and other filings subsequently made by the Company with the Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.
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SOURCE Cadiz, Inc.