THE WOODLANDS, TX (STL.News) 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 fourth 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 November 1, 2019 and ends on January 31, 2020.  The dividend on the Series A Preferred Stock is payable on January 31, 2020 to holders of record at the close of business on January 15, 2020.  The Series A Preferred Stock is currently listed on the Nasdaq and trades under the ticker symbol “MINDP”.

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