THE WOODLANDS, Texas,
Oct. 4, 2019 /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 third quarter of its fiscal
year ending January 31, 2020.
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, 2019 and ends on
October 31, 2019. The dividend on the
Series A Preferred Stock is payable on October 31, 2019 to holders of record at the
close of business on October 15,
2019. 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 technology to the
oceanographic, hydrographic, defense, seismic and security
industries. Headquartered in The
Woodlands, Texas, Mitcham has a global presence with
operating locations in the United
States, Canada,
Singapore, Malaysia, Hungary, Colombia and the United Kingdom. Mitcham's worldwide Marine
Technology Products segment, which includes its Seamap and Klein
Marine Systems units, designs, manufactures and sells specialized,
high performance, marine sonar and seismic equipment. Through its
Equipment 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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Ken Dennard / Zach
Vaughan
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Dennard Lascar
Investor Relations
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713-529-6600
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SOURCE Mitcham Industries, Inc.