Cadiz Inc. Declares Quarterly Dividend for Q4 2024 on Series A Cumulative Perpetual Preferred Stock

Core Viewpoint - Cadiz, Inc. has declared a cash dividend on its 8.875% Series A Cumulative Perpetual Preferred Stock, reflecting the company's commitment to returning value to its shareholders [1][2]. Company Overview - Cadiz, Inc. is a California-based water solutions company founded in 1983, focused on providing access to clean, reliable, and affordable water through a combination of water supply, storage, pipeline, and treatment solutions [3]. - The company manages 45,000 acres of land in California and has a water supply capacity of 2.5 million acre-feet, along with 220 miles of pipeline assets [3]. - Cadiz utilizes cost-effective water treatment filtration technology, positioning itself to address the impacts of climate change on clean water access [3]. Dividend Details - Holders of Series A Preferred Stock will receive a cash dividend of $560.00 per whole share, while depositary shares will receive$0.56 per share [2]. - The dividend payment is scheduled for January 15, 2025, to shareholders on record as of January 3, 2025 [2].