Shares of MIND Technology, Inc. (NASDAQ:MINDP – Get Free Report) were down 3.1% during mid-day trading on Wednesday . The company traded as low as $11.61 and last traded at $11.76. Approximately 1,890 shares changed hands during trading, a decline of 64% from the average daily volume of 5,314 shares. The stock had previously closed at $12.14.
MIND Technology Trading Up 0.1 %
The stock has a fifty day moving average of $12.24 and a two-hundred day moving average of $9.64.
MIND Technology Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Sunday, October 15th were given a dividend of $0.5625 per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 18.50%.
About MIND Technology
MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. It operates in two segments, Seamap Marine Products and Klein Marine Products. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications; SeaLink towed streamer systems; and SeaLink towed seismic streamer system.
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