Mitcham Industries' Series A Preferred Stock Yield Pushes Past 11.5%
July 15, 2020 at 14:08 PM EDT
In trading on Wednesday, shares of Mitcham Industries Inc's 9.00% Series A Cumulative Preferred Stock (MINDP) were yielding above the 11.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $19.39 on the day. This compares to an average yield of 10.92% in the "Oil & Gas Equipment & Services" preferred stock category, according to Preferred Stock Channel..
