Mitcham Industries Inc. Series A 9.00% Stock Dividends
MINDP used to pay dividends quarterly. Last paid amount was $0.563 at Oct 31, 2023. As of today, dividend yield (TTM) is 4.69%.
Dividend Yield Range
AI Analysis of MINDP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.69% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.563 |
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Mitcham Industries Inc. Series A 9.00% Series A Cumulative Preferred Stock has not yet announced its next dividend date. Last payment date was: Oct 31, 2023.
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MINDP Dividend Payout History
To ensure a understanding of MINDP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 26, 2023 | Oct 12, 2023 | Oct 31, 2023 | $0.563 | 4.69% |
| 2 | Apr 04, 2022 | Apr 13, 2022 | Apr 30, 2022 | $0.563 | 3.64% |
| 3 | Jan 03, 2022 | Jan 13, 2022 | Jan 31, 2022 | $0.563 | 3.13% |
| 4 | Oct 04, 2021 | Oct 14, 2021 | Oct 31, 2021 | $0.563 | 2.30% |
| 5 | Jul 06, 2021 | Jul 14, 2021 | Jul 31, 2021 | $0.563 | 2.24% |
| 6 | Apr 01, 2021 | Apr 14, 2021 | Apr 30, 2021 | $0.563 | 2.35% |
| 7 | Jan 04, 2021 | Jan 14, 2021 | Jan 31, 2021 | $0.563 | 2.51% |
| 8 | Oct 02, 2020 | Oct 14, 2020 | Oct 31, 2020 | $0.563 | 3.17% |
| 9 | Jul 06, 2020 | Jul 14, 2020 | Jul 31, 2020 | $0.563 | 3.27% |
| 10 | Apr 03, 2020 | Apr 14, 2020 | Apr 30, 2020 | $0.563 | 3.62% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MINDP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MINDP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MINDP stock here.
Comparing MINDP to Sector and Country
MINDP pays a solid dividend yield of 4.69%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.368%). MINDP’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.31%), which means that there are more attractive dividend stocks to consider.
MINDP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| ClearOne | 24.688M | - | 89.29% | -5,174.82% | |
| Mitcham Industries Inc. Series A 9.00% Series A Cumulative Preferred Stock | 9.178M | $0.563 | 4.69% | - | |
| Eltek Ltd. | 71.272M | $0.220 | 1.57% | - | |
| Data I/O Corporation | 26.167M | $4.15 | 0% | - |
