MIND Technology Declares Cash Dividend on its 9.00% Series A Cumulative Preferred Stock

Rhea-AI Summary

MIND Technology, Inc. declared a cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q3 of the fiscal year ending January 31, 2022. This dividend, which is payable on October 31, 2021, is for the period from August 1, 2021 to October 31, 2021. Holders of record as of October 15, 2021 will receive the payment. The Series A Preferred Stock trades under the ticker symbol MINDP on Nasdaq.

Positive

• Declared $0.5625 quarterly cash dividend on Series A Preferred Stock, enhancing shareholder value.
• Dividend payment scheduled for October 31, 2021, demonstrating company commitment to returns.

Negative

• None.

THE WOODLANDS, Texas, Oct. 5, 2021 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that it has declared a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the third quarter of its fiscal year ending January 31, 2022.

In accordance with the terms of the 9.00% Series A Preferred Stock of the Company, the Board of Directors has declared a Series A Preferred Stock cash dividend of $0.5625 per share for the quarterly period that began on August 1, 2021 and ends on October 31, 2021. The dividend on the Series A Preferred Stock is payable on October 31, 2021 to holders of record at the close of business on October 15, 2021.  The Series A Preferred Stock is currently listed on the Nasdaq and trades under the ticker symbol "MINDP".

About MIND Technology

MIND Technology, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries.  Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia, and the United Kingdom.  Its Seamap and Klein units, design, manufacture and sell specialized, high performance, marine sonar and seismic equipment. 

Contacts:	Rob Capps, President & CEO
	MIND Technology, Inc.
	281-353-4475
	Ken Dennard / Zach Vaughan
	Dennard Lascar Investor Relations
	713-529-6600
	MIND@dennardlascar.com

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SOURCE MIND Technology, Inc.