Reminder: CADIZ Depositary Shares Series A Cumulative Perpetual Preferred Stock Goes Ex-Dividend Soon

On 7/5/24, CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (CDZIP) will trade ex-dividend, for its quarterly dividend of $0.56, payable on 7/15/24. As a percentage of CDZIP's recent share price of $16.00, 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 7/5/24..