Cadiz (US:CDZI) Prnewswire·2025-03-24 12:30Core Viewpoint - Cadiz, Inc. has declared a cash dividend for its 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 various solutions including water supply, storage, pipeline, and treatment [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 $550.00 per whole share, while depositary share holders will receive $0.55 per depositary share [2]. - The dividend payment is scheduled for April 15, 2025, to shareholders on record as of April 4, 2025 [2].