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Mind Technology Inc Stock Price, News & Analysis

MINDP Nasdaq

Welcome to our dedicated page for Mind Technology news (Ticker: MINDP), a resource for investors and traders seeking the latest updates and insights on Mind Technology stock.

MIND Technology, Inc. (associated with the MINDP preferred stock symbol) is a marine-focused technology company that provides systems and equipment to the oceanographic, hydrographic, defense, seismic and security industries. Headquartered in The Woodlands, Texas, and with key operating locations in the United States, Singapore, Malaysia and the United Kingdom, the company regularly issues news and press releases that reflect both its capital markets activity and its focus on marine technology products.

News related to the MINDP symbol has prominently featured capital structure developments, especially the company’s 9% Series A Cumulative Preferred Stock. MIND Technology has announced proposals to amend the terms of this preferred stock, solicited proxies from preferred stockholders, and reported on adjourned and reconvened virtual special meetings held to secure the required two-thirds approval for conversion into common stock. Subsequent news detailed the approval of the preferred stock proposal and the completion of the conversion of all outstanding preferred shares into common shares at a fixed 3.9-to-1 ratio, following the filing of a Certificate of Amendment with the Delaware Secretary of State.

Investors following MINDP-related news can expect coverage of preferred stock terms and dividends, including prior declarations of quarterly cash dividends on the 9.00% Series A Cumulative Preferred Stock and later communications about deferred dividends and their impact on the company’s flexibility. News items also discuss the company’s rationale for simplifying its capital structure, its view of dividend obligations as an overhang, and its belief that conversion into common stock supports financial flexibility and potential value creation for stakeholders.

In addition to preferred stock developments, MIND Technology issues news about broader corporate and financial matters. These include announcements of virtual special meetings, revised record dates for voting, and references to definitive proxy statements filed with the SEC. Company news also highlights its marine technology business, emphasizing that its Seamap unit designs, manufactures and sells specialized, high performance marine exploration and survey equipment. For users of Stock Titan, the MINDP news feed provides a focused view of how MIND Technology manages its preferred equity, conducts shareholder votes and communicates key decisions affecting its capital structure and marine technology operations.

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MIND Technology, Inc. announced a quarterly cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q1 of fiscal year ending January 31, 2023. This dividend covers the period from February 1, 2022 to April 30, 2022. The payment is scheduled for April 30, 2022, to shareholders on record as of April 15, 2022. The Series A Preferred Stock is traded under the ticker symbol MINDP on Nasdaq.

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MIND Technology, Inc. has declared a cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q4 of the fiscal year ending January 31, 2022. This dividend applies to the period from November 1, 2021 to January 31, 2022, and is payable on January 31, 2022, to shareholders on record as of January 15, 2022. The Series A Preferred Stock trades under the ticker symbol MINDP.

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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.

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MIND Technology, Inc. has declared a cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q2 of the fiscal year ending January 31, 2022. This dividend is payable on July 31, 2021, to shareholders holding the stock as of July 15, 2021. MIND's Series A Preferred Stock trades under the ticker symbol MINDP.

The company focuses on marine technology solutions, operating primarily in Marine Exploration, Marine Survey, and Maritime Security, with a global presence.

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MIND Technology, Inc. has declared a quarterly cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q1 of the fiscal year ending January 31, 2022. This dividend applies to the period from February 1, 2021 to April 30, 2021, payable on April 30, 2021, to shareholders on record as of the close of business on April 15, 2021. MINDP shares are listed on the Nasdaq, signifying the company's commitment to return income to its investors.

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MIND Technology, Inc. has announced a quarterly cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q4 of its fiscal year ending January 31, 2021. This dividend, payable on January 31, 2021, is for the period from November 1, 2020 to January 31, 2021, and is accessible to shareholders on record by January 15, 2021. MIND Technology operates in exploration and defense applications, providing sonar and seismic equipment globally.

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MIND Technology, Inc. has declared a quarterly 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, 2021. This dividend is payable on October 31, 2020 to shareholders on record as of October 15, 2020. MIND Technology focuses on technology solutions for various industries, including oceanographic and defense, with a global presence.

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MIND Technology, Inc. (NASDAQ: MIND) has successfully reincorporated from Texas to Delaware and rebranded from Mitcham Industries, Inc. to MIND Technology. This change, approved by shareholders on July 27, 2020, does not alter the Board of Directors or management. The common and preferred stocks will continue trading on NASDAQ under the symbols 'MIND' and 'MINDP'. The company plans to exit the seismic land leasing business, aiming to sell related assets within the next 12 months to focus on marine technology solutions.

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Mitcham Industries has declared a cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q2 of the fiscal year ending January 31, 2021. This dividend applies to the period from May 1, 2020 to July 31, 2020, and is payable on July 31, 2020 to stockholders of record by July 15, 2020. The Series A Preferred Stock trades under the ticker symbol MINDP on Nasdaq.

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FAQ

What is the current stock price of Mind Technology (MINDP)?

The current stock price of Mind Technology (MINDP) is $13.3 as of January 24, 2025.

MINDP Rankings

MINDP Stock Data

1.21M
Consumer Electronics and Appliances Rental
Search, Detection, Navagation, Guidance, Aeronautical Sys
Link
US
THE WOODLANDS

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