Cadiz Declares $560 Preferred Dividend at 8.875% for Q1 2026
Cadiz’s Board declared a Q1 2026 cash dividend of $560.00 per whole share on its 8.875% Series A Cumulative Perpetual Preferred Stock, equating to $0.56 per depositary share. Payment is set for April 15, 2026, to holders of record as of April 3, 2026.
1. Dividend Details
On March 24, 2026, Cadiz’s Board declared a cash dividend of $560.00 per whole share on its 8.875% Series A Cumulative Perpetual Preferred Stock, equating to $0.56 per depositary share representing a 1/1000 fractional interest.
2. Payment Schedule
The dividend will be paid on April 15, 2026, to holders of record at the close of business on April 3, 2026.
3. Preferred Stock Characteristics
The Series A Cumulative Perpetual Preferred Stock carries a fixed 8.875% annual dividend rate, has no maturity date, and is tradable via depositary shares on Nasdaq.