|
Featured MNV Articles:
| Ex-Div Reminder for CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred StockBy Preferred Stock Channel Staff, Wednesday, June 28, 1:35 PM ET
On 6/30/23, CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (NASDAQ:CDZIP) will trade ex-dividend, for its quarterly dividend of $0.56, payable on 7/14/23. As a percentage of CDZIP's recent share price of $15.98, this dividend works out to approximately 3.50%, so look for shares of CDZIP to trade 3.50% lower — all else being equal — when CDZIP shares open for trading on 6/30/23. On an annualized basis, the current yield is approximately 14.15%. As of last close, CDZIP was trading at a 36.72% discount to its liquidation preference amount. The chart below shows the one year performance of CDZIP shares, versus CDZI:
Below is a dividend history chart for CDZIP, showing historical dividends prior to the most recent $0.56 on CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock: Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Wednesday trading, CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (NASDAQ:CDZIP) is currently up about 1% on the day, while the common shares (NASDAQ:CDZI) are up about 0.7%.
This Article's Word Cloud:
Arial
Below
CADIZ
CDZI
CDZIP
Channel
Cumulative
Depositary
Dividend
Going
Newsletter
Offer
Perpetual
Preferred
Premium
Receive
Series
Shares
Special
Start
Stock
Stocks
Wednesday
about
afterLeftLabels
afternoon
amount
annualized
approximately
axisColor
background
basis
beforeLeftLabels
being
below
best
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chart
chartBackgroundColor
dividend
escape
fillColor
mdash
recent
shares
trade
trading
|