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The 10 Highest Yielding Preferred Stocks
By Preferred Stock Channel Staff, updated Saturday, May 4, 11:30 AM
#3. CADIZ Inc | 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (NASDAQ:CDZIP) | 18.11% CURRENT YIELD
Discount to Liquidation Preference: -51.40% |
Current Annualized Yield: 18.11% | Days Since Last Ex-Div Date: 29 | See Dividend History » | Categorization: Water Utilities |
Series: | A | Redeemable?: | Yes | Call Date: | 7/2/2026 | Perpetual?: | Yes | Cumulative?: | Yes | Shares Offered: | 2,000,000 | Overallotment: | 300,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $12.50 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-12.50 (-50.00%) | Annualized Dividend: | 2.2 | Recent Ex-Date: | 4/3/2024 | Current Yield: | 17.60% | Original Coupon: | 8.875% | Pay Period: | Quarterly | Pay Dates: | 1-Jan, 1-Apr, 1-Jul, 1-Oct | CDx3 Compliance Rating: |
Learn CDZIP's Rating
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CADIZ is a water solutions provider. Co. owns land with access to groundwater resources in three areas of Southern California's Mojave Desert: the Cadiz Valley, Danby Dry Lake, and the Piute Valley. Co.'s supply, storage and pipeline assets are in San Bernardino County that sits at the crossroads of major highway, rail, energy, and water infrastructure between California's primary water supply systems, the Colorado River Basin and the State Water Project. As a result, Co.'s Cadiz Water Conservation and Storage Project is positioned to assist public water agencies in storing and managing unpredictable water supplies and provide water supplies to underserved areas of California. Preferred: CDZIP Open the CDZI Information Page »
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Name: |
CADIZ Inc |
Website: |
www.cadizinc.com |
Sector: |
Water Utilities |
Number of ETFs Holding CDZI: |
11 (see which ones) |
Total Market Value Held by ETFs: |
$8,534,099 |
Total Market Capitalization: |
$150,000,000 |
% of Market Cap. Held by ETFs: |
5.69% |
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