HUNTSVILLE, Texas, July 5, 2017 /PRNewswire/ -- Mitcham
Industries, Inc. ("Mitcham" 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 second quarter of the fiscal year ending
January 31, 2018.
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 May 1, 2017, and ends on
July 31, 2017. The dividend on the
Series A Preferred Stock is payable on July
31, 2017 to holders of record at the close of business on
July 15, 2017. The Series A
Preferred Stock is currently listed on the Nasdaq and trades under
the ticker symbol "MINDP".
About Mitcham Industries
Mitcham Industries, Inc. provides equipment to the geophysical,
oceanographic and hydrographic industries. Headquartered in
Huntsville, Texas, Mitcham has a
global presence with operating locations in the United States, Canada, Australia, Singapore, Russia, Hungary, Colombia and the United Kingdom. Mitcham's worldwide Equipment
Manufacturing and Sales Segment, which includes its Seamap and
Klein Marine Systems units, designs, manufactures and sells
specialized, high performance, marine sonar and seismic equipment.
Through its Leasing Segment, Mitcham believes it is the largest
independent provider of exploration equipment to the seismic
industry.
Contacts:
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Rob Capps,
Co-CEO
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Mitcham Industries,
Inc.
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936-291-2277
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Jack Lascar / Mark
Roberson
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Dennard ▪
Lascar Associates
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713-529-6600
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SOURCE Mitcham Industries, Inc.