#United States #Los Angeles #Dividend #Preferred Stock #Cadiz Inc.

Cadiz Inc. Announces Quarterly Cash Dividend for Q1 2025

Cadiz, Inc., a prominent player in California's water solutions sector, has officially declared a cash dividend for the first quarter of 2025. This announcement, made on March 24, 2025, by the company’s Board of Directors, underlines Cadiz's commitment to providing value to its shareholders through its 8.875% Series A Cumulative Perpetual Preferred Stock.

Key Highlights of the Dividend Announcement

The declared cash dividend for each whole share of Series A Preferred Stock is set at $550.00. Furthermore, those who hold depositary shares, each reflecting a fractional interest in these preferred shares, will receive $0.55 per depositary share. This initiative is a testament to Cadiz’s ongoing efforts to reward its investors while maintaining a strong financial foundation.

Dividend Payment Timeline

The dividend will be disbursed on April 15, 2025, to shareholders on record as of the close of business on April 4, 2025. This timeline ensures that investors have the necessary information to manage their portfolios and expect returns on their investments timely.

About Cadiz Inc.

Founded in 1983, Cadiz Inc. (NASDAQ: CDZI) focuses on delivering comprehensive water solutions that include supply, storage, pipeline construction, and treatment. With a portfolio that encompasses 45,000 acres of land in California, provision of 2.5 million acre-feet of water, and 220 miles of pipeline assets, Cadiz is an industry leader committed to addressing the challenges posed by climate change to clean water access. The company also prides itself on utilizing the most cost-effective filtration technologies available, ensuring that its services remain competitive and efficient.

Cadiz's dedication to innovation and sustainability is crucial in today's environment, where clean water access is increasingly under threat from climatic shifts and growing demand. Their strategic approach not only helps to mitigate these impacts but also positions them as an essential resource for communities needing reliable water solutions.

Investors and stakeholders are encouraged to visit their official website at Cadiz Inc. for more details on corporate initiatives, shareholder information, and future developments.

Forward-Looking Statements

It is important to note that this announcement contains forward-looking statements as defined under federal securities laws. These statements involve significant risks and uncertainties and may not be realized as anticipated. Investors should conduct their own analysis and consider potential risks detailed in the company's filings with the Securities and Exchange Commission.

As Cadiz continues to evolve in the water solutions market, their robust dividend payments illustrate a strong commitment to shareholder return and confidence in their operational strategies. This dividend, representative of their strong financial health, may signal positive trends for potential investors looking to capitalize on sustainable and profitable enterprises.