CADIZ's Series A Preferred Stock Shares Cross 11.5% Yield Mark

CADIZ Inc's 8.875% Series A preferred shares (CDZIP) were yielding above 11.5% on Monday, based on an annualized dividend of $2.24 and a trading low of $19.36. The note is largely factual and highlights elevated yield rather than a new corporate development, making the market impact limited.

Analysis

CADIZ Inc's 8.875% Series A preferred shares (CDZIP) were yielding above 11.5% on Monday, based on an annualized dividend of $2.24 and a trading low of $19.36. The note is largely factual and highlights elevated yield rather than a new corporate development, making the market impact limited.