MIND Technology's Series A Preferred Stock Shares Cross 12% Yield Mark

By Preferred Stock Channel Staff, Tuesday, January 18, 2:19 PM ET

Start slideshow:
10 Stocks Where Yields Got More Juicy »

In trading on Tuesday, shares of MIND Technology Inc's 9.00% Series A Cumulative Preferred Stock (NASDAQ:MINDP) were yielding above the 12% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $18.32 on the day. This compares to an average yield of 7.75% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel. As of last close, MINDP was trading at a 23.48% discount to its liquidation preference amount, versus the average discount of 7.53% in the "Oil & Gas Equipment & Services" category.

The chart below shows the one year performance of MINDP shares, versus MIND:

Performance Comparison Chart

Below is a dividend history chart for MINDP, showing historical dividend payments on MIND Technology Inc's 9.00% Series A Cumulative Preferred Stock:

Free Report: Top 7%+ Dividends (paid monthly)

In Tuesday trading, MIND Technology Inc's 9.00% Series A Cumulative Preferred Stock (NASDAQ:MINDP) is currently off about 0.8% on the day, while the common shares (NASDAQ:MIND) are off about 3.1%.

This Article's Word Cloud: Arial Below Channel Cumulative Dividends Equipment Free Juicy MIND MINDP More Preferred Report Series Services Start Stock Stocks Technology This Tuesday Where Yields about above according afterLeftLabels amount annualized average axisColor background based beforeLeftLabels below bkgImage bottomBuffer bottomLabels bottomTableHeight category changing chart chartBackgroundColor discount dividend escape fillColor shares trading versus

MIND Technology's Series A Preferred Stock Shares Cross 12% Yield Mark

MIND Technology's Series A Preferred Stock Shares Cross 12% Yield Mark | www.PreferredStockChannel.com